US July pending home sales down 5.5% mth/mth
Down 8.5% yr/yr (Il Sole 24 Ore Radiocor) - Washington, 29 Aug - The pending home sales index in the US fell 5.5% month on month to a reading of 70.2 in July, the lowest reading since the index began tracking in 2001, the National Association of Realtors (NAR) said.
Expectations were for pending home sales to rise by 0.2%.
From a year earlier, the index was down 8.5%.
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(RADIOCOR) 29-08-24 16:09:18 (0422) 5 NNNN