National Association of Realtors

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Pending Home Sales Off 11 Percent From Year Ago 

Jan 04, 2007By

An index of pending home sales, released today by the National Association of Realtors, found that pending sales eased by 0.5 percent in November from one month ago. Pending sales now stand 11.4 percent lower than during November 2005. According to the NAR, the decline from year-ago levels has been steadily narrowing since July, which was 16.0 percent lower than the same month in 2005.

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Updated 11 months ago