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U.S. housing market falling again after gains

Posted on 26 January 2012

The housing market is falling back again after hitting its best level for a year-and-a-half late last year. Contracts signed by Americans to buy homes fell by 3.5 per cent in December after hitting the landmark high in November - but they were still at the second-highest level since April 2010.
The National Association of Realtors’ index of sales agreements fell last month to 96.6, down from November’s reading of 100.1 - with a reading of 100 considered ‘healthy’ by the organisation………………………………………..Full Article: Source


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