US pending home sales index rises to 3-year high

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US pending home sales index rises to 3-year high

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11-03-2009, 12:39 AM

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US pending home sales index rises to 3-year high

The National Association of Realtors (NAR) said its Pending Home Sales Index rose to 110.1 in September - its eight consecutive monthly rise.The index now stands at the highest level since December 2006 when it was 112.8. The index is 21.2% higher than September last year when it was at the 90.9 mark and the [...]

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