According to the National Association of Realtors (NAR), the November Pending Home Sales Index increased 1.7% m/m to 106.4, for the 3rd straight month.
Pending Home Sales in November reached the highest level in two-and-a-half years after April 2010 increase.
Pending Home Sales Index grew 9.8% compared to November 2011 when it was 96.9.