U.S. pending home sales rose 0.3% in September

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27 October 2014

U.S. pending home sales rose 0.3% in September

The National Association of Realtors (NAR) released its pending home sales figures for the U.S. Pending home sales in the U.S. rose 0.3% in September, missing expectations for a 1.1% increase, after a 1.0% drop in August.

The NAR's chief economist Lawrence Yun said that the current low mortgage rates "should help more buyers reach the market".

25 banks failed the ECB’s stress test

U.S.: Pending Home Sales (MoM) , September +0.3% (forecast +1.1%)

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