U.S. pending home sales edge up to 3-year high

05/30/2013 | Reuters

An index of U.S. pending home sales climbed to a three-year high in April, adding 0.3% for a reading of 106.0. However, the gain in the National Association of Realtors' Pending Home Sales Index fell short of the 1.1% predicted by economists, pointing to a tightening supply of properties.

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