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Looking for signs of recovery

May 5th, 2009 · No Comments

Pending home sales jump 3.2%.  Buyers defy expectations with an increase in sales contracts signed during March

By Les Christie, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) — Is the housing meltdown ending?

Pending home sales rose in March for the second consecutive month and are up year over year. The Pending Home Sales Index from the National Association of Realtors showed a 3.2% gain to 84.6 from February, when it was 82. The index stands 1.6% higher than a year ago.

For more on this article …

http://money.cnn.com/2009/05/04/real_estate/March_pending_home_sales/index.htm?postversion=2009050413

Tags: Retirement

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