Due to tight inventory, the Pending Home Sales Index declined 1.3 percent to 106.4 in April from an upwardly revised 107.8 in March. With last month's decrease, the index is down on an annualized basis (2.1 percent) for the fourth straight month.
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Thursday, May 31, 2018
April pending home sales down 1.3 percent from March and 2.1 percent year-on-year
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