June’s Pending Home Sales Fall

There are some signs the red-hot real estate market may be starting to cool. Pending home sales are falling. The National Association of Realtors says they dropped one-point-nine percent in June. They also fell by the same amount when compared to June of last year. Meantime, Realtor dot com says there were five-and-a-half percent more newly listed homes last month compared to June 2020.