National Affairs Inc.

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Home Sale Decline Continues Amid Bleak Economic Forecast

Jan 06, 2009By

Pending home sales continued to decline in November, according to data released Tuesday by the National Association of Realtors. An index of sales contracts on existing U.S. homes fell 4 percent in November from the previous month and 5.3 percent from the prior year.

3d rendering of a row of luxury townhouses along a street

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