Apr. Pending Home Sales: -11.6%, vs. Cons. -0.1%; Down 26.8% YoY
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Pending home sales for the month of April come in at down 11.6%, vs. the consensus of down 0.1%. The March reading was revised lower to up 3.5%.
On a year-over-year basis, pending home sales tumbled 26.8%.
On a year-over-year basis, pending home sales tumbled 26.8%.
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