A home is for sale in Glenview, Ill., on Sunday, June 16, 2013. The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years. The National Association of Realtors said Thursday that its seasonally adjusted index for pending home sales rose 6.7 percent to 112.3 last month. That's the highest level since December 2006. (AP Photo/Nam Y. Huh)
Signed contracts to buy U.S. homes at 6-year high
By CHRISTOPHER S. RUGABER
WASHINGTON (AP) -- The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years, a sign home sales will probably rise in the months ahead.
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