Morning Minute: Pending home sales head higher in March

March pending home sales rose 1.4 percent compared to the month before and have experienced year-over-year gains for the last 19 consecutive months, according to the National Association of REALTORS® (NAR). The Pending Home Sales Index is NAR’s forward-looking indicator based on contract signings and NAR Chief Economist Lawrence Yun said improving pending sales signal a solid beginning to the spring market. Read more from NAR.

In other headlines:

Pending home sales up 1.4% in March, highest pace in nearly a year – CNBC

The future of home showings is virtual reality – Inman

S&P/Case-Shiller: Home prices finally start to stabilize – HousingWire

Leave a Reply

Your email address will not be published. Required fields are marked *