Pending Sales Up

January Pending Home Sales Up

Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of REALTORS®. There were healthy monthly gains in all regions but the West, which is constrained by limited inventory but was slightly improved. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 4.5 percent to 105.9 in...

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