U.s. Pending Home Sales Drop For First Time In Two Years

A pending home sale in Rockville, Maryland (2012). AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP/GettyImages) U.S. pending home sales fell by almost 4% in May, the National Association of Realtors reported Wednesday, the first drop since August 2014. May's Pending Home Sales Index (PHSI), which tracks U.S.

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