A 5 am head fake "rumor ramp" in Europe, was followed by this:
Pending home sales fell 5.5 percent in April, reversing a 3.8 percent
gain logged in March, new data out of the National Association of
Realtors shows.
The NAR also revised last month's gain 30 basis points lower, from an earlier estimate of a 4.1 percent increase.
Wednesday, May 30, 2012
Real Estate Pending Home Sales Collapse 5.5%
Labels:
home sales,
stock market