7th January 2009

Pending Home Sales Worsen

Sales of pending US homes dropped to a new low in November.  According to the National Association Of Realtors (NAR), signed contracts in November dropped 4.0 percent to 82.3.  This is the lowest level since 2001. Economists expected a 0.1 percent drop, so that should tell you just how far off the mark they are.

posted in Real Estate Market | 0 Comments

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