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Pending Home Sales Climb for Third Month in a Row

By one measurement, the volatile housing market has shown signs of possible stabilization. So reports The Real Deal.

house for sale 2845213 1920According to the National Association of Realtors, pending home sales rose for a third straight month in February.

The industry organization’s Pending Home Sales Index edged up 0.8% on the month to 83.2, where 100 is the level of contract activity in 2001.

Read the full article from The Real Deal.

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