Pending Sales Fall; Realtors Scale Back '08 Forecast

Updated

WASHINGTON (AP) - Pending U.S. home sales dipped in November, a
trade group for real estate agents said Tuesday, but it expects the
sales pace to pick up significantly in the second half of 2008.
In another indication that the housing market's struggles aren't
finished, the National Association of Realtors said its seasonally
adjusted index of pending sales for existing homes fell to a

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