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NAR: Pending home sales nudge forward in October

Nov 30, 2015
Pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines, according to the National Association of REALTORS (NAR). 
 
The Pending Home Sales Index, a forward-looking indicator based on contract signings in October, inched 0.2 percent to 107.7 from an upwardly-revised 107.5 in September. It is 3.9 percent above the same time last year. 
 
In the Northeast, the index rose 4.5 percent to 93.6 in October, and is now 6.8 percent above a year ago. 

To read the entire NAR press release, click here.
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