Note on McAfee: For some users, McAfee incorrectly flagged CR. I've spoken to McAfee, and hopefully this is resolved. You can check Google's site evaluation here.

Tuesday, January 08, 2008

Pending Home Sales Decline 2.6%

by Bill McBride on 1/08/2008 10:03:00 AM

From MarketWatch: Pending home sales sink 2.6% in November

Sales contracts on previously owned U.S. homes fell by 2.6% in November, a sign that home sales will continue to decline. The pending home sales index, based on contracts signed but not closed in November, fell 2.6% in November and was down 19.2% in the past year, the National Association of Realtors reported Tuesday.

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