Wednesday, June 6, 2007

Home sales, prices to slip further in 2007: NAR

(Reuters) - The National Association of Realtors trimmed its sales forecast for the fourth straight month and said it now expected sale prices would drop more sharply than it previously forecast.




Sales of existing homes should hit a pace of 6.18 million units this year, down from the 6.29 million units the NAR predicted last month.


Read more at Reuters.com Business News

No comments: