Pending home sales up for first time in nine months
Apr 28, 2014, 11:04am EDT
Good news on housing — pending sales of existing homes rose in March for the first time in nine months.
The National Association of Realtors’ index of pending home sales, which is based on contract signings, rose 3.4 points to 97.4 in March. That’s still nearly 8 points below where it was a year earlier, however.
Pending home sales are strongest in the South...