(Reuters) - The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in May, fell 3.5 percent to 97.7 from a downwardly revised level of 101.2 in April. The May index is the lowest since 89.8 in September 2001.
Wall Street analysts polled ahead of the report were expecting the May index to rise 0.2 percent.
Read more at Reuters.com Economic News
Wall Street analysts polled ahead of the report were expecting the May index to rise 0.2 percent.
Read more at Reuters.com Economic News
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