Maybe it really is over
January 25th, 2006 by 
InLibrisLibertas
“WASHINGTON (MarketWatch) — Sales of existing homes in the United States fell 5.7% in December to a seasonally adjusted annual rate of 6.60 million, the lowest in nearly two years, the National Association of Realtors reported Wednesday. Sales were much weaker than the 6.89 million expected by economists. Sales have fallen three months in a row. “Speculators are pulling out,” said David Lereah, chief economist for the realtor group. Inventories of unsold homes fell 4.4% to 2.80 million in December, a 5.1-month supply.”
Posted in Real Estate | 