Pending Home Sales Up Again in January
Washington, DC, Feb. 27, 2013 -- Pending home sales rose 4.5% in January to the highest level since April 2010, according to the National Association of Realtors.
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The index increased to 105.9 in January from 101.3 in December. An index reading of 100 equals the average level of contract activity during 2001.
January's reading was up 9.5% from a year ago and the 21st consecutive year-over-year gain.