Investing.com - Pending home sales in the U.S. rose more-than-expected last month, industry data showed on Monday.
In a report, National Association of Realtors said that Pending home sales rose to a seasonally adjusted 6.1%, from 0.5% in the prior month whose figure was revised up from 0.4%.
Analysts had expected Pending home sales to rise to 1.5% last month.