|First-time Buyer Housing Affordability Index|
|STATE/REGION/COUNTY||Q4 2014||Q3 2014||Q4 2013|
Pending Home Sales Data:
California pending home sales jumped in February, with the Pending Home Sales Index (PHSI)* increasing 24.8 percent from a revised 89.9 in January to 112.2, based on signed contracts. The month-to-month increase easily topped the long-run average increase of 17.9 percent observed in the last seven years.