Pending Home Sales Fall to Record Series Low in June: Off 18.6 percent YOY
• CalculatedRiskBlog.comThe Pending Home Sales Index, a forward-looking indicator, declined 2.6 percent to 75.7 based on contracts signed in June from an upwardly revised level of 77.7 in May [revised from 77.6], and is 18.6 percent below June 2009 when it was 93.0.
