December home sales down nearly 17 percent (AP)

Yahoo! News
January 25, 2010

In this Jan. 5, 2010 photo, a home is seen advertised for sale in Alameda, Calif. Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, plunging far more than expected after lawmakers gave buyers more time to use a tax credit.(AP Photo/Ben Margot)AP - Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.




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