March Pending Home Sales: +5.3% to 102.9 month-on-month, vs. +5% expected, and against +8.2% to...

|By:, SA News Editor
March Pending Home Sales: +5.3% to 102.9 month-on-month, vs. +5% expected, and against +8.2% to 97.6 prior. Sales +21.1% year-over-year. “Later in the second half of the year, and into 2011, home sales will likely become self-sustaining if the economy can add jobs at a respectable pace,” says NAR chief economist Lawrence Yun.