January Existing-Home Sales Post a 5.3% Decline
February 25, 2009 at 16:41 PM EST
The latest report released Wednesday by the National Association of Realtors [NAR] on sales of existing homes was discouraging, and at the same time rather dismissive of any prior indication that home sales had relatively reached some form of stabilization. According to NAR, existing-home sales declined 5.3% last month to an annual rate of 4.490 [...]
