From a record low to a record high: Pending home sales in the US jumped in May, and buyer interest is surging in one particular area of residential real estate

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  • Pending US home sales rose 44.3% in May, which is the highest month-over-month growth ever recorded by the National Association of Realtors.
  • The increase in pending home sales points to a recovering real estate market.
  • Buyer interes…
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