Industry News

Pending real estate sales index falls 10% in ’06

Economist says 2007 will be 'fourth-best year on record'
Published on Feb 1, 2007

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by CareyBot

An index that measures pending home sales dropped 10.1 percent in 2006 compared to 2005, according to preliminary data released today by the National Association of Realtors. The Pending Home Sales Index, based on contracts signed in 2006, reached 111.8 ...