Home Sales Dip, Pull Down Prices
March 25, 2011 at 15:16 PM EDT
Existing home sales in the U.S. took a 9.6% dip in February to a seasonally adjusted annual rate of 4.88 million units, reflecting a highly fragile housing market. However, new home sales climbed only 2.1% year over year to an annual rate of just 290,000 units. The overall pace of the ongoing recovery in the [...]
