While things are expected to hold fairly steady through the end of the year that does not mean there won't be slight rises and fall. In August the Pending Home Sales Index at 110.3 was 4.7 percent higher than July at 105.6. September the index slipped 1.1 percent to 109.1. The September index is still 13.6 percent below last September. The PHSI is based on the number of signed contracts in given month. The numbers were seasonally adjusted.
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