Wood News

Pending home sales rise in July but below last year’s level

PORTLAND, OR , Aug. 28, 2014 (RISI) -  The National Association of Realtors’ (NAR) Pending HomeSales Index, a forward-looking indicator based on contract signings, climbed3.3% to 105.9 in July from 102.5 in June, but is still 2.1% below July 2013(108.2). The index has now risen in four of the last five months. The index is

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