Pending Home Sales Rebound 2.0% in February

Published on March 27, 2025

The National Association of Realtors® (NAR) pending home sales index increased more than expected in February, rebounding from the previous month's record low. The index came in at 72.0, a 2.0% rise from the previous month but a 3.6% drop from one year ago. Pending home sales were expected to rise 0.9% month-over-month.

Continue reading on website
Other news

OpenAI Expects Revenue Will Triple to $12.7 Billion This Year

March 27, 2025
OpenAI expects to more than triple its revenue this year to $12.7 billion, fueled by the strength of its paid artificial intelligence software, according to a person familiar with the matter.

Janet Yellen Joins Pimco’s Advisory Board as Bernanke Exits

March 27, 2025
Former Treasury Secretary Janet Yellen is joining Pacific Investment Management Co.’s global advisory board, along with former Governor of the Reserve Bank of India Raghuram Rajan.