Washington, DC, February 27, 2012. Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors. The Pending Home Sales Index. The January index is the highest since April 2010 when it reached 111. 3 as buyers were rushing to take advantage of the home buyer tax credit. Movements in the index ha.

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