Interest Rate Roundup

Monday, March 28, 2011

Pending home sales climb in February

Pending home sales figures were just released by the National Association of Realtors. They showed some modest improvement, with sales up 2.1% in February compared to expectations for an unchanged reading. Transactions rose 2.7% in the South, 4% in the Midwest and 7% in the West, but fell 10.9% in the Northeast. At the same time, sales were still down more than 9% from a year earlier, underscoring the fact that housing continues to struggle.


Post a Comment

<< Home

Site Meter