Pending home sales up 7th month-Highest since March 2007

October 1, 2009 by  
Filed under Pending Home Sales

August pending home sales rise to 2 1/2 year high as

The National Association of Realtors said Thursday its index of sales agreements rose 6.4 percent from July to 103.8, beating forecasts. It was the highest since March 2007 and 12 percent above a year ago.

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