Apr
27
Pending Sales of Previously Owned U.S. Homes Retreated in March
ByContracts to buy previously owned U.S. homes declined in March after rising a month earlier by the most since 2010, according to figures released Thursday from the National Association of Realtors in Washington.
Key Points
- Pending home sales index fell 0.8 percent (forecast was for a 1 percent decrease) after jumping 5.5 percent the prior month
- Index climbed 0.5 percent from March 2016 on an unadjusted basis
- Pending sales dropped in three of four U.S regions month-to-month…
Pending Sales of Previously Owned U.S. Homes Retreated in March
