Today, the National Association of Realtors (NAR) released their Pending Home Sales Report for October showing that pending home sales increased with the seasonally adjusted national index increasing 0.2% from September to stand 3.9% above the level seen in October 2014.
The following chart shows the seasonally adjusted national pending home sales index along with the percent change on a year-over-year basis as well as the percent change from the peak set in 2005 (click for larger version).