Inside these posts: National Association fo Realtors

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Pending home sales rise, but still bogged down

Pending sales of previously owned U.S. homes rose more than expected in August to a four-month high, indicating the housing market was regaining some stability after recent steep declines.

The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in August, increased 4.3 percent, to 82.3, from July. Get the full story »