Pending Home Sales fell 3.2% in July vs. June, and -6.8% vs. last year - worse than the -2.1%...
Sep. 09, 2008 10:10 AM ETBy: Rachael Granby, SA News Editor
Pending Home Sales fell 3.2% in July vs. June, and -6.8% vs. last year - worse than the -2.1% consensus. The drop indicates that the U.S. housing market may continue to weaken over the coming months.