South East Real Estate and Home issued the following announcement on July 29.
The numbers: The index of pending home sales rose 16.6% in June as compared with May, the National Association of Realtors reported Wednesday.
The increase comes after pending home sales experienced the largest monthly rise on record last month, the trade group said.
Compared with a year ago, contract signings were up 6.3%, a sign of how sharply the market has rebounded from its coronavirus-related low.
Original source can be found here.
Source: South East Real Estate and Home
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