Pending Home Sales Strained

Will They Break Through?
March’s pending home sales strained, up a paltry 0.4 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). Two of the major regions in the U.S. experienced higher sales, with the Midwest gaining 2.4 percent and the South gaining 2.5 percent, but in the Northeast, sales slipped 5.6 percent, and in the West, slumped 1.1 percent.“Healthy economic conditions are creating considerable demand for purchasing a home, but not all