Pursuits
Pending Sales of Previously Owned U.S. Homes Rose 1.1% in March
U.S. March Pending Previously Home Sales Up 1.1%
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The number of Americans who signed contracts in March to buy previously owned homes climbed after the biggest increase in more than four years, a sign for further progress in the housing recovery.
The index of pending home sales rose 1.1 percent after a revised 3.6 percent jump in February that was the biggest since October 2010, figures from the National Association of Realtors showed today in Washington. Demand picked up in the South and West.