Pending home sales jump 8% month-to-month, the highest May reading since 2005

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CNBC's Diana Olick reports on pending home sales for the month of May, which jumped higher than experts were expecting.

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Pending home sales jump 8% month-to-month, the highest May reading since 2005
Pending home sales jump 8% month-to-month, the highest May reading since 2005

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