Steel Products
March 1, 2013
Pending Home Sales Healthy and Above Year-Ago Levels for Past 21 Months
Written by John Packard
Written by: Sophia Fain
Pending home sales remain in healthy territory after its 4.5 percent rise in January. Pending home sales have continually been above year-ago levels for the past 21 months, according to the National Association of Realtors. January’s sales are 9.6 percent above year-ago levels and the highest reading since April 2010 when it hit 110.9 due to the home buyer tax credit.
