Further Proof the Real Estate Market Is Coming Back

Is the Housing Market really bouncing back? The National Association of Realtors certainly believes so. NAR recently released their March 2012 Pending Home Sales Index (a forward-looking indicator based on contract signings) and their numbers do show a strong March. According to this report (you can get their report HERE) March 2012 is shows an increase of sales contract signings of 12.8% above March 2011. The Index’s score of 101.4 is the highest score since April 2010.

The full store from NAR can be seen HERE.

Speak Your Mind