The National Association of Realtors Pending Home Sales Index rose to 101.1 in May. The 5.9% increase in May moved the index to a two year high. The two year high was also reached in March and previously in April 2010.
To read a related Fox Business article, please click here:
http://www.foxbusiness.com/economy/2012/06/27/pending-home-sales-rise-in-may/
Jim Sutliff