Slide continues for home sales in U.S.

03/4/2009 | InvestmentNews (free registration)

The number of people signing agreements to buy homes in the U.S. fell 7.7% in January from December's figure, according to the National Association of Realtors. The group's index of pending home sales dropped to a record-low 80.4, a 6.4% decrease from January 2008.

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