Last month’s pending home sales fell 4.3% to 101.7, and holds the potential to repeat the same results again this month. Still, economists expect the housing market to gain momentum once more, sustaining growth and stimulating the economy’s progress throughout the year. Pending home sales overall for the last year grew 6.9 %. Economists with the National Association of Realtors have predicted that previously owned home sales will expand by 9% this year. More here
