Pending Home Sales Rebound Sharply Nationwide In May

Pending Home Sales Rebound Sharply Nationwide In May

Pending home sales staged a historic rebound in May.

Los Angeles Times via Getty Images

Pending home sales across the nation made a major comeback in May, seeing encouraging record-breaking contract activity after two previous months of declines brought on by the increasing impact of the coronavirus pandemic.

The National Association of Realtors reported that every major region recorded an…

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