In recent industry news, Lawrence Yun, the Chief Economist of the National Association of Realtors (NAR), highlighted a lack of sales recovery in the midsummer months. This observation comes amidst concerning trends in the real estate market, specifically related to pending home sales plummeting in July.
Key points from the article include:
– NAR Chief Economist Lawrence Yun’s statement regarding the absence of a sales recovery in midsummer
– Pending home sales experiencing a significant decline in July
– The article can be found on the Weekly Real Estate News website
You can read this full article at: https://wrenews.com/pending-home-sales-plummeted-in-july/
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