Pending existing home sales for feb 07

NAR just released pending existing home sales data for Feb, Home sales were up 0.7% which while not the greatest increase ever seen is a step in the right direction. NAR claims it would have been better but poor weather dampened sales. The question is when will the sub-prime fiasco impact these figures and how bad will it be.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter to stop spam *