| The number of people who signed contracts to buy previously occupied homes in the U.S. rose in June for the second-straight month, a faint sign of health for a beleaguered part of the economy.
The National Association of Realtors' seasonally adjusted index for pending sales of existing homes increased 2.4% on a monthly basis to a reading of 90.9 in June, the industry group said Thursday. Economists surveyed by Dow Jones Newswires had expected pending home sales would fall by 2.0%. May's reading of 88.8 was unrevised..............................................Full Article: Source
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