Pending-home sales take 4.4% hit in April

Pending-home sales dropped 4.4 percent in April from the month before to a Pending Home Sales Index (PHSI) of 106.2, according to a report released on Thursday by the National Association of Realtors (NAR). The index is an indicator of future home sales based on contract signings. An index of 100 represents the level of … Read more

Tampa Bay News