US: Annual Pending Home Sales rise by 12.1% in May

FXstreet.com (Barcelona) - The US Annual Pending Home Sales increased12.1% in May, following a 10.3% rise in April, the National Association of Realtors reported on Thursday.

Month-over-month Pending Home Sales grew 6.7% in May, compared with the 0.5% drop the previous month and considerably above forecasts of +1%.