01.06.2012 - US housing market takes turn for the worse
Just when you thought the U.S. housing market was getting up off the canvass, along comes a one-two punch that threatens to put homeowners down for the count. First comes new data from the National Association of Realtors which shows pending home sales falling 5.5% in April. The decline includes a downward revision to March numbers, leaving the pendig home sales index measure at 95.5, still 12 points better than the April 2011 pending home sales activity...............................................Full Article: Source
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