Housing
by Joshua Dorkin
| October 2, 2006
Pending home sales data for August was just released by the National Association of Realtors. According to the Pending Home Sales Index, “contracts signed in August, rose 4.3 percent to a level of 110.1 from a reading of 105.6 in July, but is 14.1 percent lower than August 2005.”
David Lereah, chief economist of the [...]
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Economy
by Joshua Dorkin
| September 29, 2006
Although the stock market’s Dow Industrials has flirted with an all-time-high for the past several days, and oil has maintained its decline, the housing market continues to look weak. Here are a few highlights from Today’s MarketWatch report:
- “Banc of America Securities said Friday it expects pending home sales to decline between 3% and [...]
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Joshua Dorkin
Charles Feldman
Ted Karsch.
