Pending Home Sales Climb Again
June 3, 2009 by Elad Bushari · Leave a Comment
The Pending Home Sales Index — a forward-looking indicator based on contracts signed — rose 6.7 in April from March, and was up 3.2 percent from April 2008, NAR announced today. It is the third consecutive month that pending sales showed gains, which NAR attributes to record low mortgage interest rates and lower home prices. [...]
