Pending home sales rise boosts housing market optimism



Pending home sales, a forward-looking indicator based on contract signings, reached a new seven-month high at the end of February, thanks to a big boost of sales activity in the Midwest, according to the National Association of Realtors (NAR).

Pending home sales decline 2.5% in January



Following the highest average year for the index in nearly a decade, pending home sales declined to begin 2016 but remained slightly higher than a year ago, according to the National Association of Realtors

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