Forex News – U.S. Pending Home Sales unexpectedly decline in July
Posted on August 28, 2013 at 2:18 pm GMTDisappointing U.S. housing data on Wednesday showed the Pending Home Sales Index fell 1.3 percent in July, the second monthly decline in a row. Expectations were for pending home sales to rise by 0.2 percent, to improve from June’s decline of 0.4 percent. Rising home prices are having an impact on home purchases, especially in the South and Mid-West regions of the U.S. The Pending Home sales index signed sales contracts, and is released about a week later than Existing [..]