Pending US Home Sales Hit 10-Year High
As job growth and low interest rates continue, pending home sales across the U.S. hit a 10-year record high last month with the sales index for homes under contract rising to 116.3.
The activity points to a strong selling season for this spring and into the summer. Economists do worry that the housing markets improvements may come to a halt due to dwindling inventory.
With record highs right now, what do you predict the future to look like? Join the conversation and let us know!
Source: The Real Deal