04.08.2010 - US: Housing market takes another step backwards
From Usnews.com: Americans again signed fewer contracts to buy homes in June, as the real estate market continues to deteriorate following the removal of a key stimulus from Uncle Sam. The pending home sales index—a gauge of the housing market's health that measures signed sales contracts—dipped nearly 3 percent in June from a month earlier to its lowest-ever level, the National Association of Realtors said Tuesday. The index, which launched in 2001, fell 19 percent from June 2009..............................................Full Article: Source
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