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

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