Prior +1.8%Index at 72.0 vs 72.6 priorSales Y/Y -2.8% vs +1.1% priorAccording to NAR Chief Economist Lawrence Yun, "The data shows a continuation of small declines in contract signings despite inventory in the market increasing. Pending sales in the Northeast increased incrementally even though home price growth in the region has been the strongest in the country." This article was written by Giuseppe Dellamotta at investinglive.com.