Pending home sales rebound 4.6 percent in January, but they're still lower than 2018
February 27, 2019 at 10:00 AM EST
Pending home sales, a measure of signed contracts to buy existing homes, increased 4.6 percent in January compared with December, according to a monthly survey from the National Association of Realtors. Contracts, however, were still 2.3 percent lower compared with a year ago.