WASHINGTON, Nov. 2 (UPI) -- Pending U.S. home sales rose for the eighth consecutive month in August with gains made across the country, the National Association of Realtors said Monday.
Pending home sales, representing contracts signed for home purchases rose 6.4 percent with the index reaching 103.8 after a reading of 97.6 in July. The pending sales index also rose from a year earlier, up 12.4 percent from August 2008.