Wednesday, April 9, 2008
Pending Home Sales Fail to Indicate Housing Bottom
U.S. pending home sales surprised to the downside on Tuesday morning, declining 1.9% month-over-month despite calls for a 1.0% pullback in February. January's figure was revised to a gain of 0.3%. Leading the declines were pending home sales in the Midwest, which pulled back... Read More Now
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