Wednesday, May 30, 2012

Pending Sales Of U.S. Homes Decrease By Most In A Year


The number of Americans signing contracts to buy previously owned homes fell in April by the most in a year, indicating the U.S. housing recovery remains uneven.

All American Investor

The index of pending home resales dropped 5.5 percent following a revised 3.8 percent gain the prior month, figures from the National Association of Realtors showed today in Washington. The median forecast of 42 economists surveyed by Bloomberg News called for no change in the measure.




Subscribe to All American Investor 
Enter Your Email Address



Original content Bob DeMarco, All American Investor