Tuesday, June 2, 2009

U.S. pending home sales surge; mixed news for autos

http://www.reuters.com/article/GCA-Economy/idUSN2754905920090602

In April, pending pre-owned houses in the U.S went up 6.7%, which according to a report made on tuesday is the biggest gain in 7 years and a half. Other reports that show the U.S. auto sales fell 30% made people a little more optimistic.From March to April the Pending Home Sales Index rose from 84.6 to 90.3. I chose this article because it talks about the pending houses and this could help a lot of people. This is not a agree or disagree article but the information was presented fairly. i would use this article again.

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