Wednesday, May 07, 2008

Existing Home Sales Down in March

the National Association of Realtors reports that "The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, edged down 1.0 percent to 83.0 from a downwardly revised level of 83.8 in February, and was 20.1 percent lower than the March 2007 index of 103.9."

To read more, including opinions on the future of the real estate market, go here: National Association of Realtors