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Pending Home Sales Suggest No Quick Recovery for Housing Market - Markets were expecting the housing market to continue struggling in the fourth quarter, but the November's decline in pending home sales was much worse than anticipated. Pending home sales, which predict actual home sales in the upcoming month, fell...(read more)

Decline in U.S. Pending Home Sales Picks Up in November - An index looking at pending home sales in the U.S. picked up its pace of decline in November, the National Association of Realtors reported on Tuesday. U.S. pending home sales fell more than expected with a 4.0% decline in November. The index now stands...(read more)