Tag Archives: Pending Sales

NAR Reports Surge In Pending Home Sales

The National Association of Realtors (NAR) reports that the number of homes under contract increased in February to its highest level since June 2013.

The Pending Home Sales Index is based on pending sales of existing homes. When the contract has been signed but the transaction has not closed, it is a pending sale.

The Index is 12.0 percent above February 2014.

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