By Alan Zibel, AP Real Estate Writer , On Tuesday January 5, 2010, 10:36 am
WASHINGTON (AP) -- The number of buyers who agreed to purchase previously occupied homes fell sharply in November, a sign sales will fall this winter, undermining last summer's recovery.
The National Association of Realtors said Tuesday its seasonally adjusted index of sales agreements fell 16 percent from October to a November reading of 96. It was the first decline following nine straight months of gains and the lowest reading since June.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment