Pending home sales up for 17th consecutive month

NAR: Number of homes under contract in September up 14.5 percent from a year go

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A pending home sales index maintained by the National Association of Realtors showed an annual gain in September for the 17th month in a row.

NAR’s latest Pending Home Sales Index, released today, showed the number of existing homes under contract in September up 0.3 percent from August and 14.5 percent from a year ago.