Pending Home Sales Gain for First Time in 9 Months
“The housing market is showing signs of picking up again after a sluggish few months. Pending home sales rose 3.4 percent in March over February, according to the National Association of REALTORS®’ Pending Home Sales Index, a forward-looking indicator based on contract signings.
Contracts were most on the rise in the West and South, increasing 5.7 percent and 5.6 percent in March, respectively. The Northeast saw an uptick of 1.4 percent in contracts month-over-month, while contracts in the Midwest fell by 0.8 percent.”
Full article at http://realtormag.realtor.org/daily-news/2014/04/29/pending-home-sales-gain-for-first-time-in-9-months