May 30, 2013 4:07 AM by Lacey Steele

April home sales index due out today

The pending home sales index for April will be released this morning.

In March, pending home sales rose to a three-year high.

This morning the National Association of Realtors will release the numbers for April.

The PHSI measures housing contract activity for existing homes, where a real estate contract was signed, but hasn't yet closed.

Economists expect the report will show an increase.



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