U.S. pending home sales skyrocket in March
The numbers: An index of pending-home sales surged 3.8% in March, the National Association of Realtors said Tuesday. Economists surveyed by Econoday had forecast a 0.7% monthly increase.
Also on Tuesday, the widely-followed Case-Shiller index showed home prices had risen at the slowest pace since mid-2012 in February.
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