Pending Sales of U.S. Existing Homes Increase Less Than Forecast

Fewer Americans than forecast signed contracts in April to buy previously owned homes, indicating limited inventory is holding back further progress in the housing market. The index of pending home sales rose 0.3 percent after a 1.5 percent gain in March, figures from the National Association of…

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Pending Sales of U.S. Existing Homes Increase Less Than Forecast

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