Surprising jump in pending home sales suggests buyers are making a comeback

Pending home sales of existing homes jumped by 8.1% in August from the previous month, suggesting that buyers in the housing market are making a strong comeback. The National Association of Realtors said the surprising gain occurred as buyers are seeing more inventory and slightly more favorable prices. It had expected pending home sales to

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NAR: Pending home sales rose in February

The National Association of Realtors has some surprisingly upbeat news for the real estate industry. It said that pending home sales, which are seen as a forward-looking indicator of the state of the housing market based on contract signings, jumped 2.4% in February compared to the previous month, and 9.4% year over year. The spike

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