Pending home sales rise unexpectedly

Some good news on the Housing Market front!

Pending home sales rise unexpectedly

“Pending sales of existing U.S. homes unexpectedly rose in June from May and rose sharply from a year ago, data from a real estate trade group showed on Thursday.

The National Association of Realtors Pending Home Sales Index, based on contracts signed in June, was up 2.4 percent to 90.9 from 88.8 in May. The index was up 19.8 percent from a year ago.”

Read Story on MSNBC…