Following a 6.1% jump in May, pending home sales likely fell by 1.0% in June. May’s jump of 6.1% in pending sales likely retraced in June. New home sales dropped 8.1% in June, almost reversing the previous jump of 8.3% and pushed the month’s supply higher to 5.8. As pending home sales tracks new…

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US Week Ahead: FOMC, NFP, ISM, GDP, ECI, UMich Sent, Housing
