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Pending home sales rise for 15th straight month

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Pending home sales rose for the eighth straight month in September as new home buyers rushed to take advantage of the tax credit before it expires, according to an industry group.

Pending Home Sales Rise For 3rd Straight Month Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

Pending home sales in the South rose 5.2% to an index of 111.7 in July and are 15.6% above a year ago. In the West the index slipped 1.7% in July to 109.9 but is 1.3% higher than July 2011.

Existing-home sales in central Indiana rose 4.3 percent in January, marking the 15th straight month of rising home deals. The increase came despite a continuing rise in prices and a decline in.

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Washington, DC, Sept. 1, 2009–Boosted by low prices and a home-buyer tax credit, pending sales of existing homes rose in July for the six straight month, the longest streak on record, according.

Pending Home Sales Rise For 3rd Straight Month Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

. YoY for 15 straight months), this morning's pending home sales data for May was. And on a month-over-month basis, pending home sales surprised to the. Contract signings increased from the prior month in three of four.

Pending home sales here climbed for the fourth consecutive month in August, according to a new report. There were 388 homes placed under contract last month, an increase of 15.8 percent from..

From CNBC TelevisionPending home sales in Lancaster County rose 9.8 percent in March, improving for the fourth straight month, a new report says. Some 502 homes here were placed under agreement last month, up from.

*The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

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