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(AFX UK Focus) 2010-05-04 16:05 WRAPUP 1-US pending home sales at 5-mth high, orders jump
WASHINGTON, May 4 (Reuters) – Pending sales of previously owned U.S. homes hit a five-month high in March as buyers rushed to sign contracts before a tax credit expired, while a jump in factory orders pointed to manufacturing strength. The data on Tuesday further confirmed the economic recovery was gaining more muscle. The National Association of Realtors (NAR) said its Pending Home Sales Index …

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Factory orders strengthen, home sales contracts up
A surprisingly busy month for U.S. factories and a surge in home buying are the latest signs that the economic recovery is picking up. Orders to U.S. factories rose 1.3 percent in March, the Commerce Department said Tuesday. That was much better than the 0.1…

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Durable goods orders ex-transport, home sales up
New orders for durable U.S. manufactured goods excluding transportation posted the largest gain in over two years in March while home sales hit an eight-month high, hinting at a pick-up in the pace of growth.

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