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1. Sales Contracts to Buy US Homes Rose Last Month
- Friday, October 26, 2012
WASHINGTON (AP) — The number of Americans who signed contracts to buy homes rose only slightly, suggesting sales may level off in the coming months after solid gains in the past year.
The National Association of Realtors said Thursday that its seasonally adjusted index of sales agreements rose in September to a reading of 99.5. That's up from August's reading of 99.2 but below a two-year high of 101.9 reached in July. Contracts are up 14.5 percent from a year ago.