• The National Association of Realtors' Pending Home Sales Index for May was 101.1, up from April, matching March and 13.3% above May 2011.
• The East, South, Midwest and West all had gains in May. The index counts contract signings and is based on a sample of about 20% percent of transactions nationally. The 2001 average is the base of 100.
• Lawrence Yun, chief economist for the association, said, "The housing market is clearly superior this year compared with the past four years. The latest increase in home contract signings marks 13 consecutive months of year-over-year gains."

From the article: "Home contract signings rose for the 13th straight month, according to the National Association of Realtors, which reported pending home sales rising 13.3% over May 2011 and up nearly 6% over April 2012. ..."