2012-09-27econintersect.com

The NAR reported the June pending home sales index down 2.6% month-over-month and up 10.7% year-over-year, while the market was expecting 0.5% to 2.0% (versus the down 2.6% reported). Note that Econintersect believes the data is down 5.6% month-over-month, up 9.6% year-over-year.



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