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Plunging pending home sales
By ft Editorial Staff • Jul 9th, 2010 • Category: real estate newsflashEveryone expected home sales to fall once the federal homebuyer tax credit ran out at the end of April, but nobody foresaw a plunge as drastic as May’s sales – a 30% fall of signed sales contracts. According to the National Association of Realtors (NAR), the pending home sales index has been increasing steadily but [...]
