Pending Sales Of Existing Homes In U.S. Rebounded In July

Posted by Bonnie Martin Designated Broker on Monday, September 3rd, 2012 at 9:49am.


bloomberg.com - Americans signed more contracts to purchase previously owned homes in July, a sign housing will keep strengthening in the second half.

The index of pending home resales climbed 2.4 percent, exceeding the 1 percent gain median forecast of 39 economists surveyed by Bloomberg, figures from the National Association of Realtors showed today in Washington. The gauge rose to 101.7, the highest since April 2010.

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