Pending Home Sales Increased in May 2019

Pending home sales increased 1.1% in May compared with April, reaching a score of 105.4 on the National Association of Realtors’ Pending Home Sales Index. The increase follows a decrease of 1.5% the previous month. Regionally, contract signings increased 3.5% in the Northeast, 3.6% in the Midwest, and 0.1% in the South. Sales were down…