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pending homes sales rise: 6th Month In A Row - Pending Sales Rise Again - 09/02/09 09:01 AM
Anyone remotely interested in the real estate market has undoubtedtly heard that we've been on a bit of a roll lately.
Well, this month, the trend continues...Pending home sales index (calculated on contracts signed in July) rose another 3.2% this month.  As I have said before, we're not out of the woods just yet.  As the expression goes, "One month does not a trend make," but we have definitely seen a consistent trend in the market since early 2009.
For some perspective...
- Our current index is 12.0% higher than the level experienced last July
- The index has not been … (1 comments)

 

Mike Kinlaw

Jefferson, GA

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Prudential Georgia Realty

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