Pending Home Sales Up in March. Stabilization Depends on REO Liquidation, Jobs, Regs

The National Association of Realtors released the Pending Home Sales Index data today. NAR’s Pending Home Sales Index measures housing sales contract activity. A sale is listed as “pending” when a contract to purchase an existing home (single-family, condos, and co-ops) has been signed but the transaction has not closed. A signed contract is not […]

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