Wednesday, April 25, 2007

More weakness on housing

Existing home sales fall 8.4 pct in March (Reuters)

A sign points to a home for sale in a new subdivision in Vancouver, Washington in this April 25, 2006 file photo. The pace of sales of existing homes in the United States dropped sharply in March to a 6.12 million-unit annual rate, the National Association of Realtors said in a report Tuesday that showed more weakness than analysts had expected. (Richard Clement/Reuters)Reuters - The pace of sales of existing homes in the United States dropped sharply in March to a 6.12 million-unit annual rate, the National Association of Realtors said in a report Tuesday that showed more weakness than analysts had expected.


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