June 2 (Bloomberg) -- James Gillespie, chief executive officer of Coldwell Banker Real Estate Corp., talks with Bloomberg's Carol Massar about pending U.S. home resales in April and the U.S. housing market.

The number of Americans signing contracts to buy previously owned homes climbed 6.7 percent in April, more than forecast and the fourth increase in five months as lower prices attracted buyers. (Source: Bloomberg)

00:00 Pending home sales data, real estate market
02:56 Home-buyer tax credit, access to mortgages

Running time 06:53

Last Updated: June 2, 2009 11:47 EDT