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Jul
01
2009

Three Reasons Pending Sales Isn’t a Reliable Indicator

Wall Street Journal Real Estate
The National Association of Realtors is trumpeting a fourth consecutive monthly gain in their report of pending home sales. The index tracks the number of contracts signed on homes, which increased in May by just 0.1% from the previous month. Pending sales are up 6.7% from a year ago.

Read entire article: Three Reasons Pending Sales Isn’t a Reliable Indicator

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