US pending home sales rose 0.2% versus -0.5% estimate

Down from last month's 3.5% increase

US pending home sales for the month of November rose by 0.2% versus estimate of -0.5%.

• Northeast was up 4.1% vs 0.5% in October
• Midwest was up 0.4% versus +2.4% last month
• South fell -0.4% versus a 7.4% gain last month
• West fell -1.8% versus a fall of -0.1% last month