Last month -2.5% revised to -3.0%
The US pending homes sales for February (these are contracts to purchase) rose by a greater than expected 3.5% for the month. The YoY (NSA) rose 5.1% vs -0.5% estimate. The prior month was revised to -3.0% from -2.5% MoM. The YoY was -1.5% vs -0.9% previously reported.