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Home Sales Contracts Rise for 8th Straight Month

By Lee Christie, CNNMoney.com
11/2/2009

The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real estate industry report released Monday.

The September Pending Home Sales Index from the National Association of Realtors (NAR) spiked 6.1% to 110.1, consolidating a 6.4% gain in August. It was the index's highest level since December 2006, when it stood at 112.8.

The leap was far better than expected.

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Print Date: 9/20/2020
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