National Association of Realtors® (NAR) Pending Home Sales Index
The NAR reports that "A slide in pending home sales is beginning to level out, an indication of a more sustainable level of home sales in the months ahead."
The NAR uses their "Pending Home Sales Index" to measure homes that are pending sales, typically due to transfer title within 30 to 60 days. The Index was 4.8% lower than January 2005. The Index reached a record high in August of 2005.
To read more: January Pending Home Sales Index
New York Times Real Estate Issue
Some interesting articles in the New York Times Real Estate Issue. You'll have to register to get access to this special edition, that appeared on Sunday.