Home Sales To Get Even Uglier In Near Future | WHAT REALLY HAPPENED


Home Sales To Get Even Uglier In Near Future

What will home sales look like in January and February? Very, very lousy, according to pending home sales, a measure that counts how many contracts were signed. Contract signings run roughly one or two months ahead of when the sales close and are reported as sales. The measure of pending home sales for December projects actual home sales in January and February. To that tune, the National Association of Realtors (NAR) said that its Pending Home Sales Index for December fell to the lowest level since April 2014:“It’s been dripping down, down, down,” NAR chief economist Lawrence Yun said in the interview. “Frustrating that the housing market is not recovering.”

Comments

Obama started it

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(*during the Junior Bush' Presidency , and continues dragging it through Trump's!)

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