April saw the highest number for pending sales in nearly nine years the National Association of Realtors® (NAR) said today. The market in Oregon was really hot as well. Portland and Bend have been leading the state with record sales figures the last couple years now. The Pending Home Sales Index (PHSI) increased 3.4 percent compared to a slightly upwardly revised March number, 108.7. The Index was 14.0 percent above its level in the previous April representing the largest annual increase since it rose 15.1 percent year-over-year in September 2012.
