May Pending Home Sales Jump 5.9%, vs. Cons. 1.5%, Up 15.3% YoY

June 27, 2012 10:00 AM EDT Send to a Friend
Pending home sales for the month of May rose 5.9%, which compares to the economist estimate of up 1.5%. The reading for April was down 5.5%.

The metric was up 15.3% year over year. Economists were expecting a 9.9% rise.


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