Pending home sales fell 5.5% in July 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 70.2. Year over year, pending transactions were down 8.5%.
ROAD to Housing Act becomes law
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.









