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Nov pending home sales edge higher; but Dec consumer confidence down

More Americans shopping for homes as the economy has improved with steady job growth

Published Wed, Dec 27, 2017 · 09:50 PM

Washington

CONTRACTS to buy previously owned homes edged higher in November, boosted by job growth across a strengthening economy.

The National Association of Realtors said on Wednesday its pending home sales index rose to a reading of 109.5, up 0.2 per cent from October.

Economists polled by Reuters had forecast pending home sales falling 0.4 per cent last month.

Pending home…

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