Interest rates, along with builder confidence also fell last month.
July also saw housing starts and days on market increase
Housing starts also fell last month.
Home sales and days on the market in Boston also both declined.
Meanwhile, housing starts are up and homes are staying on the market for fewer days than this time last year.
Although inventory and existing-home sales remain down, housing starts were up in March. Additionally, the days on the market shrunk to 14 days.
Housing starts, existing home sales inventory took a tumble as well in February.
Nationally, pending home sales fell as interest rates rose last month.
Nationally, interest rates rose as builder confidence fell.
At the same time, days on market fell to 26 from 31 as housing starts grew