Markets - Market News
NAR: Pending Home Sales Index Rises 5.2% to 104.8 in October
Thursday, November 29, 2012
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Pending home sales grew 5.2% to an index reading of 104.8 in October, its highest level since March 2007, after an upwardly revised 0.4% increase to 99.6 in September, according to a report released Thursday by the National Association of Realtors.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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