• After declining for three straight months, pending home sales reversed course in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors.
• Sales of new single-family houses rose 0.8 percent in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
• Privately-owned housing starts rose 8.3 percent in June, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
• The homeownership rate was 63.7 percent in the second quarter, the U.S. Census Bureau reported. That marks nearly a full percentage point increase from a year ago.
• The housing market remains on track for a strong year despite a tight inventory of homes for sale, according to Freddie Mac’s latest Outlook report.