Pending home sales up 6.7% - Washington Business Journal:

eragywaqer.wordpress.com
Pending sales of existing homes, or contractsx signed but not rose 6.7 percent in according to the ’ Pending Home Sales April’s pending sales were up 3.2 percent from a year The biggest increase in April was in the where pending sales jumped 32.6 percent from the previouss month. They were up 0.8 percenr from a year earlier. The index in the Soutb slipped 0.2 percent in April. However, it is 3.5 percenr higher than a year earlier. The association cautions that the reportinf sample for pending home sales is smaller than that of existing home so it is subject togreater variability. The index measure housing-contract activity.
It is based on signee real estate contracts forexistingy single-family homes, condos and co-ops. A signed contract is not countecd as a sale until thetransaction