Pending Home Sales Maintain Momentum in May

0 Flares Filament.io 0 Flares ×

http://ift.tt/eA8V8J

WASHINGTON (June 29, 2015) — Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. Gains in the Northeast and West were offset by small decreases in the Midwest and South.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 0.9 percent to 112.6 in May from a slight downward revision of 111.6 in April and is now 10.4 percent above May 2014 (101.9). The index… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1CEKb2P