Feb. 3, 2009 (Bloomberg) -- The number of Americans signing contracts to buy previously owned homes unexpectedly rose in December, signaling that foreclosure-driven declines in prices are boosting demand. The index of pending home resales climbed 6.3 percent to 87.7, the first increase since August, from a revised 82.5 in November, the National Association of Realtors said in a report today in Washington... For More: http://www.bloomberg.com/apps/news?pid=20601087&sid=aJgssoWIArm8&refer=home

 

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