| From Marketoracle.co.uk: Pending home sales climbed 6.7 per cent in April, which is the highest single monthly jump in about eight years. Pending sales are deals made by a buyer to close on a previously owned home.
Many analysts have begun to speculate the levels of home sales could reach those last seen at the start of the stock market sell-off last year. While pending sales are often seen as a good barometer of the real estate market, many are still concerned that a full recover in housing could be a ways off.........Full Article: Source
|