May 28 (UPI) -- Pending U.S. home sales -- those based on contract signings -- fell 34 percent in April compared to the same month in 2019, an industry report said Thursday.
The National Association of Realtors said pending April home sales fell 21.8 percent compared to March, a steeper-than-expected decline. The latest numbers represent the greatest decline in pending home sales since the NAR began keeping track in January 2001.