Pending Home Sales Show Healthy Gain, Hint at Spring Surge
WASHINGTON, DC–(Marketwire – 04/05/10) – Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of Realtors. The Pending Home Sales Index ,* a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 in January, and …

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