Pending home sales rise unexpectedly
Selling a HomeSigned contracts were up 2.4 percent in June, a Realtors group says Pending sales of existing U.S. homes unexpectedly rose in June from May and rose sharply from a year ago, data from a real estate trade group showed on Thursday. The National Association of Realtors Pending Home Sales Index, based on contracts signed in June, was up 2.4 percent to 90.9 from 88.8 in May. The index was up 19.8 percent from a year ago. Economists polled by Reuters ahead of the report were expecting pending home sales to […]