U.S. April Pending Home Sales Index Up 1.4%, Beating Forecast of 1%; Prior Month Revised to 1.7%

GateNews
U.S. pending home sales rose 1.4% in April, according to monthly data, exceeding economist forecasts of 1% growth. The Pending Home Sales Index, which measures purchase agreements for existing homes, also saw its prior month figure revised upward from 1.5% to 1.7%.
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