NAR: Pending Home Sales Fell 1.8 percent in September

Pending sales of homes fell 1.8% in September, “signaling an uneven recovery entering 2011,” the National Association of Realtors [NAR] reported Friday. The Pending Home Sales Index slipped 1.8% to 80.9 based on contracts signed in September from an upwardly revised 82.4 in August, NAR said.