Wednesday, 11 July 2007

Home sales, prices to slip more this year: NAR

(Reuters) - The National Association of Realtors trimmed its sales forecast for the fifth straight month and also widened its predicted drop in existing home values.




The cloudy outlook for the housing sector comes a day after credit ratings agencies said loans offered to borrowers with damaged credit are shakier than earlier thought.


Read more at Reuters.com Economic News

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