BY INMAN NEWS, THURSDAY, OCTOBER 27, 2011.
A monthly index that tracks pending sales of U.S. resale homes rose in September compared to a year ago, while falling on a month-to-month basis, the National Association of Realtors reported today.
In the West, the index jumped 5.6 percent on a year-over-year basis in September, to 105.8 — the highest index value of any region. The region also saw the smallest monthly index drop, down 2.1 percent. Read more >