"Pending Home Sales Index Jumps"
Investor's Business Daily (02/02/07) P. A2

Mild temperatures helped push pending home sales to their highest level in nearly three years, to 4.9 percent last month--which suggests that actual home sales in January or February are likely to be higher. The National Association of REALTORS' index of existing-home sales contracts that have been signed but not yet closed is still down 4 percent to 5 percent, however, from a year ago.