Pending Sales of U.S. Existing Homes Rise Most Since May 2011

Contracts to purchase previously owned U.S. homes climbed in March by the most in almost three years, showing residential real estate was starting to stabilize entering the spring selling season. The pending home sales index rose 3.4 percent, the most since May 2011 and the first gain in nine mon…

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Pending Sales of U.S. Existing Homes Rise Most Since May 2011