Industry News

Pending real estate sales index drops in July

Economist says 'psychological factors' are hurting market
Published on Sep 1, 2006

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by CareyBot

An index that gauges pending sales of existing homes was down 16 percent in July compared to July 2005 and fell 7 percent from its level in June 2006, the National Association of Realtors reported today. The Pending Home Sales ...

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