7th January 2009

Pending Home Sales Worsen

posted in Real Estate Market |

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.

This entry was posted on Wednesday, January 7th, 2009 at 9:53 am and is filed under Real Estate Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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