Pending U.S. home sales declined 2.6% to 87.6 in November, down from 89.9 in October, and 19.2% below the November 2006 level of 108.4, according to NAR’s recent Pending Homes Sales Index report.

The index fell 2.1% to 86.6 across the West and remains 18.5% below November 2006 levels. In the South, the index increased 2.3% in November to 100.7, but remains 19.8% below 2006 levels. The index in the Midwest slipped 4.1% in November to 82.1, 18.6% below 2006 levels. The index declined 13.0% in the Northeast in November to 70.1 after a rise in October, a 19.1% drop from November 2006.