Nicholas Wallwork
Editor-in-Chief
Staff member
Premium Member
Pending home sales rose 4.3% in August compared with July, according to the latest figures from the National Association of Realtors. The index, which is based on contracts signed, was 82.3 for the month, up from a downwardly revised 78.9 for July, yet 20.1% lower than a reading of 103 a year earlier.