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Home Prices Hold Their Own As Existing Home Sales Fall
By admin | July 26, 2007
There was opposite involved news on the existing lodgings mask in last month. The monthly scrutiny by the National alliance of Realtors (NAR) ® showed the sales of existing homes, including single-family tree houses, townhouses, condos, and co-ops declined 3.8 percent mistaken of the pace in May to a seasonally adjusted annual place of 5.75 million units. This is a decline of 11.4 percent from annualized June 2006 sales of 6.49 million units.
"skilled in buyers have been getting mixed signals hither the enclosure market, which is causing some of them to delay," Lawrence Yun, NAR elder economist, said. Two bright spots in the June communiqu‚ are...
Topics: Mortgage News |
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