Pending home sales increased 3.7% to a reading of 114.1 in October from a revised to 110.0 in September, originally reported as a 6.1% rise to 110.1, according to an index released yesterday by the National Association of Realtors.

The nine consecutive months of increases in pending home sales marks the first time since its inception in 2001 that such a streak occurred, NAR said in a release.

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