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Pending home sales hit two-year high: NAR

Pending home sales continued to rise in November, reaching their highest level in 19 months, the ""National Association of Realtors"":http://www.realtor.org (NAR) reported late last. which has been.

Primitive Technology: Tiled Roof Hut Pending home sales rose in. South and the West. The sales index, a forward-looking indicator based on contract signings, surged 5.1 percent to 116.3 last month from 110.7 in March, the National.

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Pending home sales – sales contracts that have yet to close – hit a two-year high in January, the National Association of Realtors said Monday, approaching levels last seen during the federal.

The National Association of Realtors (NAR) this morning released its data on pending home sales in July. The index rose from 99.3 in June to a two-year high of 101.7. Compared with July of 2011. Contracts to buy previously owned homes rose to an eight-month high in March, the National Association of Realtors said on Tuesday.

On a regional basis, pending home sales rose the most in the Northeast, increasing 8.2%, a significant uptick compared to December when pending home sales fell 5.4%. In the Midwest, the pending home sales index rose 4.5% from December to January and is 17.7% above year ago levels.

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February’s pending home sales sprang up 3.1 percent in the National Association of REALTORS (NAR) Pending home sales index (phsi). All four of the major regions in the U.S. experienced higher.

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Aside from spikes induced by homebuyer tax credits in 2010, the last index high before 2010 occurred in February 2007 when NAR’s index reached 107.9, the association said. The NAR pending home sales index – which measure contract signings on homes – increased 4.5% to 105.9 in January, compared to a score of 101.3 in December.

The NAR pending home sales index – which measure contract signings on homes – increased 4.5% to 105.9 in January, compared to a score of 101.3 in December. That index score is also still 9.5%.

January Pending Home Sales Rise, but Real Estate ETF ‘VNQ’ Falls 1 More In December, the National Association of Home Builders/Wells Fargo Housing Market Index hit a three-year low.

The NAR said its Pending Home Sales Index, based on contracts signed last month. The 30-year fixed mortgage rate is currently at 4.23 percent, below a more than 2-1/2-year high of 4.32 percent hit.

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