Oct. Pending Home Sales: +3.7% to 114.1 month-on-month vs. -1% expected and +6.1% to 110 in...

|By:, SA News Editor
Oct. Pending Home Sales: +3.7% to 114.1 month-on-month vs. -1% expected and +6.1% to 110 in Sept. +31.8% year-on-year vs. +21.2% a month ago. The rise from a year ago is the biggest annual increase ever recorded for the index, which is at the highest level since March 2006.