US DATA: Sept Pending Home Sales Index +0.3% to 99.5 and stands +14.5% YOY as it
has risen for 17 mos. NAR says contract activity is in a range, “This means only
minor movement is likely in near-term existing-home sales, but with positive
underlying market fundamentals they should continue on an uptrend in 2013.” PHSI
in the Northeast rose 1.4 percent to 79.3, Midwest fell 5.8 percent to 89.5,
South increased 1.0 percent to 111.5, and West rose 4.3 percent to 106.9.