WASHINGTON (December 28, 2012) – Pending home sales increased in November for the third straight month and reached the highest level in two-and-a-half years, according to the National Association of Realtors^®.

The Pending Home Sales Index,^* a forward-looking indicator based on contract signings, rose 1.7 percent to 106.4 in November from a downwardly revised 104.6 in October and is 9.8 percent above November 2011… Read More