Friday, February 26, 2010

Home Sales Falling Down

Why Aren't Homes Selling?



Paul Bishop, VP of Research at the National Association of Realtors, on why closings have fallen for the second month in a row.

U.S. Stocks Advance as GDP Expansion Beats Estimates

Feb. 26 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks advanced, trimming the weekly drop in the Standard & Poors 500 Index, as reports showing business activity expanded and gross domestic product topped estimates overshadowed American International Group Inc.s plunge and home sales that missed projections. (Source: Bloomberg)


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