Getting your player ready...
WASHINGTON — The number of people who signed contracts to buy homes fell in July, evidence that the depressed housing market remains a drag on the economy.
The National Association of Realtors on Monday said its index of sales agreements fell 1.3 percent in July to a reading of 89.7.
A reading of 100 is considered healthy by economists. The last time the index reached that level was in April 2010, the final month that buyers could qualify for a federal tax credit.
Denver Post staff and wire reports
