Investing.com - Contracts to buy previously owned homes fell in August, according to data released on Thursday by the National Association of Realtors.
NAR said its pending home sales index, which measures signed contracts for homes where transactions have not yet closed, fell 1.8% to a reading of 104.2 after falling by a revised 0.8% in the previous month.
Economists had forecast pending home sales falling 0.2% last month.