Pending home sales inched up for the month of February, an indication of a silver lining in the much beleaguered housing sector.

The National Association of Realtors released a report showing that its index of pending home sales rose 2.1 percent to 82.1 in February from a reading of 80.4 in January.

The increase by the index came as a surprise to economists, who had expected the reading to come in unchanged compared to the previous month.

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