Housing can’t be an economic growth engine if supply and demand are so out of whack

• July 31, 2017
• realestatelife
• Business & Markets, Real Estate Finance, The Real Estate Life, World News

Home-purchase contract signings jumped in June after three months of declines, another reflection of choppy momentum in the housing market.
The pending home sales index from the National Association of Realtors rose 1.5% to a level of 110.2, the group said Monday. May’s reading was revised upward.