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US Pending Home Sales Unexpectedly Rise to Highest Since August

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https://www.bloomberg.com/news/articles/2023-03-29/us-pending-home-sales-unexpectedly-rise-to-highest-since-august#xj4y7vzkg

 

US pending home sales unexpectedly rose in February for a third month, adding to signs that the housing market may be stabilizing after a tumultuous year.

The National Association of Realtors’ index of contract signings to purchase previously owned homes increased 0.8% last month to 83.2 — the highest since August — according to data released Wednesday. The median estimate in a Bloomberg survey of

 

 

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