Pending Sales of Existing U.S. Homes Climbed in April: Video

June 2 (Bloomberg) -- The number of contracts to buy previously owned homes in the U.S. climbed i...  More »

June 2 (Bloomberg) -- The number of contracts to buy previously owned homes in the U.S. climbed in April as Americans took advantage of the last month of a tax credit. The index of pending home resales rose 6 percent, exceeding the median forecast of economists surveyed by Bloomberg News, following a revised 7.1 percent gain in March, the National Association of Realtors said today. Bloomberg's Scarlet Fu reports. (Source: Bloomberg)  « Less