Pending Home Sales rose a moderate 2.1% in February (vs. consensus of flat), bumping NAR's index...

|By:, SA News Editor
Pending Home Sales rose a moderate 2.1% in February (vs. consensus of flat), bumping NAR's index of signed contracts to 82.1 from 80.4. The small increments are a welcome change, but sales "have a way to go for there to be a meaningful increase," NAR's Yun says. Meanwhile, affordability rose to new highs.