TITLE

Pending Home Sales Tick Up

AUTHOR(S)
Investor's Business Daily
PUB. DATE
December 2013
SOURCE
Investors Business Daily;12/31/2013, pA01
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
3 Contracts to purchase existing homes saw monthly growth of 0.2% in Nov., far below the 1.5% gain that was expected. Oct.'s drop was revised lower. But in ending a 5-month streak of declines, Nov. may mean the market is finally getting accustomed to higher home prices and mortgage rates, which shot up a full percentage point earlier in the year. Pending sales are down 1.6% annually.
ACCESSION #
93388101

 

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