Industry News

Pending real estate sales index falls 10.5%

Index hits lowest level in 4 years
Published on May 1, 2007

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by CareyBot

A National Association of Realtors index that gauges pending home sales dropped 10.5 percent in March compared to the same month last year, and was down 4.9 percent from February 2007. The Pending Home Sales Index, which is based on signed ...