(Bloomberg) -- Home resales dropped in the U.S.
last month as demand remained near a four-year low, reinforcing
concerns about a protracted housing slump, economists said
before an industry report today.
The National Association of Realtors may report home
resales fell 0.3 percent to an annual rate of 5.97 million, the
lowest since June 2003, according to the median forecast of 55
economists in a Bloomberg News survey.
Read more at Bloomberg Currencies News
last month as demand remained near a four-year low, reinforcing
concerns about a protracted housing slump, economists said
before an industry report today.
The National Association of Realtors may report home
resales fell 0.3 percent to an annual rate of 5.97 million, the
lowest since June 2003, according to the median forecast of 55
economists in a Bloomberg News survey.
Read more at Bloomberg Currencies News
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