NJAR®- Research & Statistics
March Pending Homes Sales Improve
Pending home sales increased in March and remain above year-ago levels, but contract activity in recent months shows only modest movement, according to the National Association of Realtors. ThePending Home Sales Index (PHSI),a forward-looking indicator based on contract signings, rose 1.5 percent in March from a downwardly revised February, and is [MORE]
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