Industry News

Pending real estate sales index drops in July

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

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
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 ...