The National Association of Realtors (NAR) has announced its Pending Home Sales Index rose in February after two months of declines. The surprise rise comes after a series of gloomy reports for the US housing market. On a monthly basis, the index rose 2.1% to 90.8, confounding analysts expectations of a fall of 1%. On [...]

Source: http://www.financemarkets.co.uk/2011/03/29/us-pending-home-sales-index-up-in-february/

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