After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of REALTORS (NAR). The Pending Home Sales Index, a forward-looking indicator based on contract signings in June, fell 1.1 percent to 102.7. In the Northeast, the index fell 2.9 percent to 83.8 in June, 3.2 percent below a year ago.

To read the entire NAR press release, click here.