U.S. Existing Home Sales Decline 2.8% in January
February 28, 2011 at 10:56 AM EST
The index of pending home resales dropped 2.8 percent, after a revised 3.2 percent decrease the prior month, to 88.9 based on contracts signed in January from a downwardly revised 91.5 in December, data from The National Association of Realtors [NAR] showed on Monday. That is the second straight monthly decline and the slowest pace [...]
