Pending Sales of Existing U.S. Homes Increased 5.2% in October

Pending Sales of Existing U.S. Homes Increased 5.2% in October

Daniel Acker/Bloomberg

The index of pending home resales climbed 5.2 percent, exceeding the highest estimate in a Bloomberg survey of economists, to 104.8 after a revised 0.4 percent gain in September, figures from the National Association of Realtors showed today in Washington.