Increased Home Sales Point to Strong Market this Spring

New home sales made a jump in February and are up this year, according the a report by the National Association of Realtors (NAR) indicating that the housing market is headed for a strong spring.

Nar’s Pending Home Sales Index increased by 3.1 percent to 106.9, which is a 12 percent increase year-over-year. This is the highest level seen since June 2013, pointing to a continued positivity in 2015.