Pend­ing home sales

Chattanooga Times Free Press - - BUSINESS -

The National As­so­ci­a­tion of

Real­tors re­leases its pend­ing

home sales in­dex for April to­day.

Last month the read­ing slipped 0.8 per­cent to 111.4, as fewer con­sumers signed con­tracts to buy U.S. homes. The as­so­ci­a­tion said last week that sales of ex­ist­ing homes slid 2.3 per­cent in

April to a sea­son­ally ad­justed

an­nual rate of 5.57 mil­lion.

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