January Pending Home Sales Rise, but Real Estate ETF ‘VNQ’ Falls

Pending home sales rebounded during the month of January, but the Vanguard Real Estate ETF (NYSEArca: VNQ) fell 1.12 percent on Wednesday. Contracts to buy existing homes rose 4.6 percent in January versus December, according to a monthly survey from the National Association of Realtors (NAR)....