Report: Pending Home Sales Surge to 10-Year High

Home SalesPending home sales overcame industry hurdles and increased for the third consecutive month in April, surging to the highest level in over a decade, according to the National Association of Realtors.

The boom even includes all major regions, with each one posting a gain in contract activity last month. The only exception is the Midwest, which saw a meager decline. Read the full story on HousingWire.