U.S. existing home sales fall along with value (Reuters)

Property letting and sale signs are seen above shops in south London in this January 13, 2009 file photograph. Lower mortgage repayments for those homeowners whose loans track falling interest rates, and a falling cost of living as retailers compete on price are among factors prompting more than one in five people to say they felt positive in a survey last month by market research firm Mintel.  To match feature FINANCIAL-BRITAIN/STIMULUS         REUTERS/Toby Melville/Files (BRITAIN)Reuters – The pace of sales of existing home in the United States fell 5.3 percent in January to a 4.49 million-unit annual rate, while home prices dropped to a six-year low and inventories shrank, the National Association of Realtors said on Wednesday.


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