Property sales contracts in US plummet after nine months of consecutive increases, new figures show

[Nicholas Wallwork]

Pending home sales in the US have fallen but sharply but analysts are not worried as overall*confidence is steady in the real estate markets.

Figures from the National Association of Realtors (NAR) show that it's Pending Home Sales Index*fell sharply by 16% in November to 96.0 from 114.1 in October, ending a nine month rise.

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[Nevada Rental Homes]

ya its not a good news for realtors but i have seen much increase in demand of homes and properties which provides less risk options for consumers. so no need to worry about it.

Thanks