Wednesday, January 6, 2010

Index of pending transactions involving the sale of housing in the U.S. fell by 16%

The volume of outstanding transactions on sale of housing in the U.S. fell in November by 16%. Fall due to the closure of a popular government program to provide tax incentives for home buyers, which expired on November 30.
Index of pending transactions involving the sale of housing has increased over the same period last year to 15,5%. This index shows the number of signed, but has outstanding contracts for the purchase of housing on the secondary market.
Note that the October growth rate was revised upward from 3.7% to 3.9%.

No comments: