July 14, 2024

The Pending Home Sales Index, based on contracts signed in October, slipped 1.7 percent to a reading of 107.2 and is 13.2 percent lower than October 2005.  The index had trended up from a cyclical low of 105.6 in July, and a decline from year-ago levels is narrowing.  In September, the index was 13.6 percent below a year earlier, while in August the decline was 14.0 percent.             San Diego real estate agent

[tags] real estate market, real estate, housing, housing market, real estate bubble[/tags] 

 

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