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Pending Home Sales Show Modest Gain in November

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WASHINGTON (December 31, 2014) — Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced a slight gain in activity in November.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 0.8 percent to 104.8 in November from a slightly downwardly revised 104.0 in October and is now 4.1 percent… Read More

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