US: Pending Home Sales drop 0.4% in June

FXstreet.com (Barcelona) - The US Pending Home Sales fell 0.4% in June, following a 5.8% rise in May, the National Association of Realtors reported on Thursday. Analysts expected less decline of 0.1%.

On an annual basis Pending Home Sales grew 10.9% in June, down from the 12.1% increase the previous month and below forecasts of +11.5%.