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U.S. Pending Home Sales Unexpectedly Tumble 2.7% In May

Por: RTTNews Business June 29, 2023

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Pending home sales in the U.S. unexpectedly saw a steep drop in the month of May, according to a report released by the National Association of Realtors on Thursday.NAR said its pending home sales index tumbled by 2.7 percent to 76.5 in May after falling by 0.4 percent to a revised 78.6 in April.Economist had expected pending home sales to inch up by 0.2 percent compared to the unchanged reading originally reported for the previous month.Pending... + full article



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