NAR: Pending home sales inch up in October

Pending home sales moved up slightly in October month-over-month, enough to inch sales contracts up to the highest level since July, according to the latest reading from the National Association of REALTORS’ Pending Home Sales Index.In the Northeast, pending home sales rose 0.4 percent to a 96.9 reading in October, and are now 3.9 percent above a year ago.To read the entire NAR press release, click here.