HomeVideoNAR Chief Lawrence Yun Discusses July Pending Home Sales Index

NAR Chief Lawrence Yun Discusses July Pending Home Sales Index

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Lawrence Yun, chief economist for the National Association of Realtors (NAR), discusses the July Pending Home Sales Index that showed a less-than-expected increase to a seasonally-adjusted 110.9. The results, which are based on signings for purchases of previously owned homes, are up from an upwardly revised reading of 110.4 in June.

Written by PPD Business Staff

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.