Pending Home Sales Index Falls Largely on Mortgage Tightening (PR Newswire via Yahoo! News)
Story date: 2007-09-05 07:00:00
Added on: 2007-09-06 01:00:16
Pending home sales, a forward-looking indicator, shows existing-home sales are likely to decline in coming months as mortgage disruptions work their way through the housing market, according to the National Association of Realtors(R).
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