Why Did Pending Home Sales Increase in June?

Join economist Dr. Orphe Divounguy and Chris Krug as they discuss the unexpected increase in pending home sales in June and what that indicates for the direction of the housing market on this episode of Everyday Economics! Everyday Economics is an unrehearsed, free-flow discussion of the economic news shaping the day. The thoughts expressed by the hosts are theirs, unedited, and not necessarily the views of their respective organizations. 
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