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Existing Home Contracts Down in February

Still no sign of bottom in housing values

By Kevin Spak, Newser Staff

Posted Apr 8, 2008 1:00 PM CDT

(Newser) – Contracts to buy previously owned homes declined 1.9% in February, according to the National Association of Realtors’ index, which fell to its lowest levels since its creation in 2001. The drop was nearly double the 1% decline analysts predicted, reports Bloomberg, and sent stocks... Read full story »

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Existing Home Contracts Down in February

Still no sign of bottom in housing values

housing market • housing • home resales • existing home sales • home values

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More Newser Stories

Home Prices Plunge Record 15.3%, Boosting Sales

Median US price was $175,400 in December, off 15.3%

Home Sales, Prices Plunge

Everyone was really surprised

Existing-Home Prices Take Record Dive

11.3% decline is biggest on record; sales down again in Oct. after Sept. uptick

Home Sales Up 5.5%, Biggest Gain in 5 Years

Inventories still at historic highs

Home Sales Climb, but Prices Keep Falling

Expanding inventories still damaging market

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