The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago.
Pending Home Sales Index Cruises To Multi-Year High
In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4.
Pending Home Sales Index Leaps To Multi-Year High
According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.
Pending Home Sales Index Suggests Housing Momentum Into 2013
In September, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5.
Pending Home Sales Index Continues To Show Strength
According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100.
