National home resales rose more than forecast in September, possibly indicating the market was stabilizing in recent months. Purchases of existing homes jumped 5.5% to a 5.18 million annual pace, the highest level in a year.

Resales were forecast to rise to a 4.95 million annual rate from a 4.91 million pace in August. Projections ranged from 4.7 million to 5.11 million.

Sales rose 1.4% compared with a year earlier, the first year-over-year increase since November 2005. Resales totaled 5.65 million in 2007.

To view information on recently listed homes in the Charlotte NC area, go to SECharlotteHomeSearch.com.