Industry News

NAR: Home sales may have hit bottom

Pending real estate sales index down considerably from last year
Published on Oct 2, 2006

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by CareyBot

An index that tracks pending home sales increased 4.3 percent from July to August but sank 14.1 percent compared to August 2005, the National Association of Realtors trade group reported today. The Pending Home Sales Index, based on contracts signed ...