Pending home sales jump 5.3 percent

Press release from the issuing company

Wednesday, May 5th, 2010

Buyers racing to beat the homebuyer tax credit deadline pushed pending sales of existing homes in March up 5.3 percent from the previous month, according to the National Association of Realtors.

 

Pending sales were up 21.1 percent from a year ago.  The Pending Sales Index does not break out specific metropolitan areas. But by region, pending sales in the South were up 28.3 percent from a year earlier. (read more at Atlanta Business Chronicle)