Industry News

Pending real estate sales drop for fifth month

Index is down 4.8% since January '05
Published on Mar 6, 2006

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by CareyBot

An index that gauges pending home sales slipped in January for the fifth month in a row, and was down 4.8 percent since January 2005, the National Association of Realtors reported today. The Pending Home Sales Index, based on contracts ...