The National Association of Realtors’ Pending Home Sales Index hit 100.1, its highest level since April 2010’s tax-credit-fueled buying spree (the index reflects signed contracts, but not closings). Pending home sales were up almost six percent in November 2011 from the same month in 2010, and up over seven percent from October of the previous year. See the full article on HousingZone.com.
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