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Coronavirus: Pending Home Sales

Coronavirus: Pending Home Sales

Jill on Money with Jill Schlesinger

July 2, 20209m 56s

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Show Notes

The nation's pending home sales jumped a record 44.3% in May, according to the National Association of Realtors. It's the highest one-month gain in the history of the index, which began in January 2001. I joined CBS This Morning to explain how the pandemic is impacting the housing market and why home prices remain high despite record low mortgage rates.


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