NAR: Pending Home Sales Index Rises 2.4% in June

Pending home sales climbed 2.4% to a reading of 90.9 in June from a revised 88.8 in May, according to a report released Thursday by the National Association of Realtors.

Economists polled by Thomson Reuters predicted a 2.0% decrease for the index.

The May index was originally reported as an 8.2% increase to 88.8. Year over year, the pending homes sales index is up 19.8% from last June, when it was 75.9.

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