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The volatility of the improving-markets index points up the uncertainty in the housing sector. Most major cities still don't make the list.
Rate on 30-year fixed mortgage hits 3.75% as April's pending-home-sales index shows annual gain — but worst monthly drop in a year.
April's 3.3% creep up from March may be a sign of small increases still to come.
Sales of existing homes increased 10% from April 2011 to this past April, spurring more talk of recovery.
A report by Fitch Ratings sees reason for optimism in Arizona and Michigan, more price declines ahead in New York and New Jersey and a disaster in parts of Atlanta.
Industry group draws about 15,000 members to Washington, D.C., event to show support for the NAR's advocacy of housing policies.
Hard-hit Florida towns dominate the list of areas deemed recovering, according to Realtor.com data. Boise, Idaho, joins the Sunbelt cities in the top 10.
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