The National Association of Realtors on Wednesday reported that pending home sales in January rose by 4.6% to surpass the market expectation of 0.4%. Key takeaways from the press release Lawrence Yun, NAR chief economist: “A change in Federal Reserve policy and the reopening of the government were very beneficial to the market.” “Homebuyers are now returning and taking advantage of lower interest rates, while a boost in inventory is also providing more choices for consumers.” “Income is rising faster than home prices in many areas and mortgage rates look to remain steady. Furthermore, job creation will help lift home buying.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin Price Analysis: LTC/USD forms a new partnership with Glory, a world’s leading kickboxing organization FX Street 4 years The National Association of Realtors on Wednesday reported that pending home sales in January rose by 4.6% to surpass the market expectation of 0.4%. Key takeaways from the press release Lawrence Yun, NAR chief economist: "A change in Federal Reserve policy and the reopening of the government were very beneficial to the market." "Homebuyers are now returning and taking advantage of lower interest rates, while a boost in inventory is also providing more choices for consumers." "Income is rising faster than home prices in many areas and mortgage rates look to remain steady. Furthermore, job creation will help lift home… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.