[brid video=”14129″ player=”1929″ title=”NAR Chief Lawrence Yun Discusses July Pending Home Sales Index”]
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.