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Sales of previously owned homes rebounded more than expected in May, after mortgage rates pulled back slightly in April. Existing home sales in May rose 3.2% from April to a seasonally adjusted, annualized rate of 4.17 million units, according to the National Association of Realtors. Economists were expecting less than a 1% gain. Sales were also up 3.2% from a year earlier, the strongest pace since December. More:

Sales of previously owned homes rebounded more than expected in May, after mortgage rates pulled back slightly in April. Existing home sales in May rose 3.2% from April to a seasonally adjusted, annualized rate of 4.17 million units, according to the National Association of Realtors. Economists were expecting less than a 1% gain. Sales were also up 3.2% from a year earlier, the strongest pace since December. More:

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European and Canadian cities dominate the list of best places to live, according to the Global Liveability Index released by the Economist Intelligence Unit (EIU). (via CNBC Make It)

European and Canadian cities dominate the list of best places to live, according to the Global Liveability Index released by the Economist Intelligence Unit (EIU). (via CNBC Make It)

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It's been another wild week for cryptocurrencies. Stay up to date on where the opportunities and pitfalls may be for altcoins by watching CNBC Crypto World.

It's been another wild week for cryptocurrencies. Stay up to date on where the opportunities and pitfalls may be for altcoins by watching CNBC Crypto World.

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