Measure of signed contracts to buy US homes rises to highest in 3 years in April

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: May 30, 2013 - 1:39 PM

WASHINGTON - The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home sales in the coming months.

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selfmadeMay. 30, 13 2:16 PM

The number of "Americans" or the number of American investment companies signed more contracts to buy properties?

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bluemocoMay. 30, 13 3:05 PM

There are definitely plenty of investment companies out there buying homes. That said, the demand (be it from investors or owner-occupants) is clearly pushing home values up. Perhaps homeowners who are no longer underwater will gather some sense, sell their homes into this strong market, and move into housing that's affordable for the long haul.

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