Investor's Business Daily (05/08/08) P. A2
According to the National Association of Realtors, which keeps an index of sales agreements on existing homes, the credit crunch is keeping some would-be buyers from closing on deals. The group's pending sales index slipped 1 percent in March to a new bottom and was off more than 20 percent from the year-ago period. Based on the index reading, actual home resales are likely to decline in April and/or May.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment