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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (404969)	8/7/2008 12:10:14 PM
From: tejek	Read Replies (1) \| Respond to of 1572099

Pending home sales index rises 5.3% in June By Ruth Mantell Last update: 10:00 a.m. EDT Aug. 7, 2008 WASHINGTON (MarketWatch) -- In a sign that the U.S. housing market may strengthen in coming months, an index of sales contracts on previously owned U.S. homes rose 5.3% in June from the prior month, the National Association of Realtors reported Thursday. The index, which is considered a leading indicator of existing home sales, was down 12.3% from the June 2007 level. Pending home sales in June rose in all regions, with a gain of 9.3% in the South, 4.6% in the West, 3.4% in the Northeast and 1.3% in the Midwest. The May pending home sales index was revised to a decline of 4.9% from the prior estimate of a 4.7% drop. marketwatch.com