NAR: U.S. pending home sales flat

``California saw impressive gains in pending home sales for July -- but the rest of the U.S. was essentially flat, according to new data from the National Association of Realtors... With inventory shortages likely to persist into autumn, Yun said he expects the median existing-home price in the U.S. to increase 6.3% in 2015 to $221,400. He also projected that existing home sales would jump 7.1% to around 5.29 million. That's about 25% below the peak of 7.08 million set in 2005.'' -- More boosting on a fairly healthy top-10% and foreign cash buying.