Pending home sales declined 2.1% in May from the prior month, the National Association of Realtors said today. The pending home sales index—a forward-looking indicator based on contract signings— decreased to 70.8. Year over year, pending transactions were down 6.6%.
FEMA publishes final rule allowing monthly payments for flood insurance premiums
FEMA said offering monthly payment options would “reduce barriers" to purchasing flood insurance” and make it more accessible.