RISMEDIA, Dec. 21, 2007-Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors. However, a recovery for new-home sales is unlikely before 2009.
For more information, visit http://www.REALTOR.org/press_room/news_releases/2007/ehs_dec07_trend_up_2008.html.
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