Home Resales in U.S. Probably Sank to Record Low on Job Losses
January 26, 2009 by admin · Leave a Comment
Jan. 26 (Bloomberg) — Sales of existing homes in the U.S. probably fell in December to the lowest level on record as rising unemployment and stricter lending rules kept buyers away, economists said before reports today. Purchases dropped 2 percent to an annual pace of 4.4 million, the fewest since records began in 1999, according to the median estimate of economists surveyed by
