U.S. Pending Home Sales Show Substantial Rebound After Falling For Eight Months

Posted on Apr 28, 2014

Pending home sales in the U.S. rebounded by much more than anticipated in the month of March, according to a report released by the National Association of Realtors on Monday. NAR said its pending home sales index surged up by 3.4 percent to 97.4 in March after edging down by 0.5 percent to a revised 94.2 in February.

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