Sunday, September 03, 2006

OC Register - "July's pending home sales fell 7% to three-year low" (9-3-06)

"Pending sales of U.S. homes plunged 7 percent in July to their lowest level in more than three years."

"The National Association of Realtors' Pending Home Sales Index, based on contracts signed in July, fell to a seasonally adjusted 105.6 in July from a downwardly revised 113.5 in June."

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