Pending Home Sales Index Dips to 83.0 in March: NAR

Pending home sales declined to a reading of 83.0 in March from a downwardly revised 83.8 in February, according to an index released yesterday by the National Association of Realtors.

IFR Markets’ poll of economists had predicted an 83.8 reading. The February reading was initially reported as 84.6.

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