The National Association of Realtors (NAR) reports that their index rose 6.1 percent from August to September, reaching 110.1.

the way the score works is that  a score of 100 is equal to the average level of sales contract activity in 2001, which was the first year to be examined for the index.

• 2008 was 87.1
• 2007 it was 96.3
• 2006 it was 111.9.

The index is based on a large national sample of home-sale contracts signed during the month of September, and this sample typically represents about 20 percent of all resale transactions, according to NAR.

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