BrokerageIndustry News

Pending real estate sales index rises 9.2%

NAR: Year-over-year jump is highest in Midwest
Published on Nov 30, 2011

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by CareyBot

Pending sales of U.S. existing homes jumped 10.4 percent in October, according to an index released today by the National Association of Realtors.

The monthly increase in NAR's Pending Home Sales Index is the largest since an October-to-November jump last year, and continues a recent trend in the index's gradual rise for the year.

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