According to the NAR (National Associate of Realtors), home sales unexpectedly bounced up last month to the highest level in a year. The 3.3% rebound was substantially higher than the modest 0.5% that was expected and seems to indicate a steadying for residential real estate. In four of the past five months pending home sales have risen, and they’re now at the highest level since August of 2013. NAR chief economist, Lawrence Yun said favorable housing conditions spurred increased contract […]
