Pending home sales slid 1.8% to a reading of 80.9 in October from a revised 4.4% rise to 82.4 in September, originally reported as a 4.3% gain to 82.3, according to an index released Friday by the National Association of Realtors.

Year-over-year the pending homes sales index was down 24.9% from last September, when the index was 107.8.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.