Tight inventory slows US pending home sales
Sales were held back by a limited supply of available homes. The National Association of Realtors said Monday that its seasonally adjusted index for pending home sales dropped 4.3 percent in December from November to 101.7. That's still 6.9 percent higher than a year ago.
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#1 Jan 28, 2013
This low inventory will just drive prices, and hopefully when the banks let go of their foreclosures our economy will really take a turn for the better
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