Nov 7, 2008

U.S. promises of lower sales in September.



- The index of promises in real estate sales in the U.S. fell 4.6% to 89.2 in September, according to figures published today by the Association of Promoters American Realty (NAR).

The index announced for August 2008 was revised to 93.5.

The Association said in a statement that it was a difficult for sellers than for buyers.

'It is for this reason that funding affordable, reasonable prices and professional expertise are the success factors in the market', says Richard Gaylord, president of the NAR.

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