The housing pain persists in Southern California, as higher costs weigh heavily on potential buyers. Home sales in the region fell 20.3 percent year over year in December, according to CoreLogic. That is the lowest December sales pace since 2007.
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December pending home sales drop to lowest point in five years, despite much lower interest ratesHouse hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future indicator of closings in one to two months.
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Pending home sales tumble to lowest in nearly five years in DecemberHome contract signings were down 2.2% in December and nearly 10% compared to a year ago, the latest reminder of just how grim housing market conditions have been recently.
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U.S. pending home sales fall in DecemberContracts to buy previously owned homes fell in December, the National Associati...
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Japan December retail sales up but risks to consumption, economy growJapan's retail sales rose more than expected in December as consumers incre...
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