May Pending Home Sales: +8.2%, vs. Cons. +3%; Up 15.5% YoY
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Pending home sales for the month of May come in at up 8.2%, vs. the economist estimate of up 3.0% and compared to a decline of 11.3% during April.
On a year-over-year basis, pending home sales rose 15.5%. The data point fell 26.6% annually in April.
On a year-over-year basis, pending home sales rose 15.5%. The data point fell 26.6% annually in April.
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