Industry News

Pending sales index falls 8.5% in February

NAR says index may reflect subprime 'fallout'
Published on Apr 3, 2007

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by CareyBot

An index that tracks pending home sales dropped 8.5 percent in February compared to the same month last year and rose 0.7 percent since January, the National Association of Realtors reported today. The Pending Home Sales Index, which is based ...