Home Prices Closer to Historic Values
February 23, 2011 at 13:29 PM EST
In January, existing home sales ran at a seasonally adjusted annual rate of 5.36 million. That pace is 2.7% higher than in December, and 5.3% above the year-ago rate. The year-ago rate of 5.09 million was depressed as everyone was rushing to get the deals done in November 2009 before they thought the first time [...]
