Pending home sales at highest level since 2010

The National Association of Realtors says its seasonally adjusted index for pending home sales rose 0.3% to 106. Thats the highest since April 2010, when a homebuyer tax credit inflated sales.Signed contracts have jumped 10.3% in the past 12 months. There is generally a one- to two-month lag between a signed contract and a completed sale.

via Pending home sales at highest level since 2010.

 

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