Industry News

Pending real estate sales drop

Index slips 5.2% in February from year-ago level
Published on Apr 3, 2006

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by CareyBot

A National Association of Realtors index that tracks pending home sales dropped 5.2 percent from February 2005 to February 2006, and fell 0.8 percent from the January 2006 level. The Pending Home Sales Index, which is based on home-sale contracts ...