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Housing Market Won't Bottom Out Until Builders Cut Prices Significantly
last week's 6.3 percent increase in April's pending home sales index, for example - there's a flurry of pronouncements that the residential real estate market has bottomed. ...more
June 19, 2008
Pending Home Sales Drop To New Low In March
Pending home sales dropped to a new low in March, an industry group said Wednesday, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. ...more
May 8, 2008
Forecast Shows Decrease In Home Sales
An index that forecasts near-term home sales fell in August to a record low as would-be homebuyers had difficulty getting mortgages. Economists said the housing market's woes show no sign of improving soon. ...more
October 3, 2007
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