Industry News

Pending real estate sales index drops

Economist says slower sales have 'likely bottomed-out'
Published on Jan 4, 2007

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by CareyBot

A National Association of Realtors gauge of pending home sales fell 11.4 percent in November compared to the same month in 2005, and dropped 0.5 percent compared to October 2006. Based on contracts signed in November, the Realtor group’s Pending ...