The US housing crash is accelerating. The index of pending home sales, which measures sales signed but not completed, fell by 7.7 percent in January compared to December. It fell by 6.4 percent compared to the previous year.
There is no relief; no recovery in sight.
Tuesday, March 3, 2009
US housing market - crash continues
Labels:
bankruptcy,
crash,
finance,
money,
UK,
UK economy,
UK housing,
US economy
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