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U.S. pending home sales unexpectedly rise in June

EURUSD News by Newsroom on 10:59 July 30, 2018 EST

The National Association of Realtors said Monday that its pending home
sales index rose 0.9 percent last month to 106.9 however, on a yearly basis, pending home sales have fallen 2.5 percent.

Americans signed contracts to purchase homes in June compared to May but the volume of pending sales has slipped over the past year.

On a monthly basis, pending sales increased in all geographic regions: Northeast, Midwest, South and West while pending sales have decreased in all those regions during the past year.