Wednesday, January 27, 2010

Home sales fall on tax credit uncertainty

"Home sales last month saw their biggest drop in more than 40 years as buyers left the market because they weren't sure Congress would extend a tax credit for first-time home buyers.

After a surge in sales from September through November, existing home sales tumbled 16.7% in December from November, according to a report Monday from the National Association of Realtors (NAR). That is still 15% above the December 2008 level."

Click below to read more...

Home sales fall on tax credit uncertainty

No comments: