Pending Home Sales at a New 2014 High
Mortgage News Daily is reporting that pending home sales are at the highest level they’ve been since August 2013.
According to the National Association of Realtors, the Pending Home Sales Index for July 2014 was measured at 105.9, which is up 3.3 percent from the month before.
This is the third straight month the index has been over 100.
Image via flickr/Tom Caswell