CNBC: U.S. pending home sales hit seven-month high in February

The National Association of Realtors said its pending home sales index rose 3.5 percent to 109.1 last month, the highest level in seven months.

Economists polled by Reuters had forecast contracts rising 1.2 percent last month. Contracts were up 0.7 percent from a year ago.

 

Read the full story here…  U.S. pending home sales hit seven-month high in February

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