Sunday, May 31, 2009
Existing Home Sales Rise in April
Strong buyer activity in the lower price ranges helped drive an increase in existing-home sales in April, according to the NATIONAL ASSOCIATION OF REALTORS® (NAR). Single-family, townhome, condominium, and co-op sales increased 2.9 percent to a seasonally adjusted annual rate of 4.68 million units. The national median existing-home price for all housing types was $170,200, a decrease of 15.4 percent below 2008.
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