Brisk demand has pushed pending home sales in January to their highest level since August 2013 according to the National Association of REALTORS®’ Pending Home Sales Index.
The index rose 1.7%in January, which is 8.4% above levels a year ago. In the western region demand was even higher.
The Pending Home Sales Index rose 1.7 percent in January to a 104.2 reading – 8.4 percent above levels from a year ago. The pending sales index for the western region climbed 2.2 percent in January and is 11.4 percent above year ago levels! Boom!
If you are selling, I hope you did not take your home off the market “for the slow winter.”