---
title: Fall in Pending Home Sales Reveals Housing Inventory Shortage
description: July’s pending homes sales fell vs. the month before, according to the National Association of Realtors (NAR).
---

[Financials | National Investor Network ](https://www.nationalinvestornetwork.com/financials)

# [Fall in Pending Home Sales Reveals Housing Inventory Shortage](https://www.nationalinvestornetwork.com/financials/fall-in-pending-home-sales-reveals-housing-inventory-shortage)

 Written by [Jeff Mindham](https://www.nationalinvestornetwork.com/financials/author/jeff-mindham) | Sep 4, 2019 7:08:17 PM

July’s pending homes sales – a forward-looking indicator – fell vs. the month before, according to the National Association of Realtors (NAR). Moreover, the U.S. Census Bureau noted that home construction spending in June was down 1.3% from the year before.

Lawrence Yun, the chief economist at the NAR stated that low inventory numbers have a direct impact on the economy. He said, “A boost to home building would greatly impact economic growth”.

[View full post](https://www.nationalinvestornetwork.com/financials/fall-in-pending-home-sales-reveals-housing-inventory-shortage)

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