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US Home Sales

The index tracking pending sales of existing homes rose in April for the fourth consecutive month, reaching its highest level in nine years. The index of the National Association of real estate brokerages (NAR) reached 112.4 points in April, an increase of 3.4% compared to March and by 14% compared to April 2014. “real estate brokerages share for increased activity in the spring, regardless of destocking in many areas “, comment from NAR. Analysts had expected growth of 0.8%