Friday, September 24, 2010

Existing Home Sales Move Up in August

Washington, September 23, 2010. Existing home sales rose in August following a big correction in July, according to the National Association of Realtors®. Existing home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted annual rate of 4.13 million in August from an upwardly revised 3.84 million in July, but remain 19.0 percent below the 5.10 million-unit pace in August 2009.
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Source: www.realtor.org

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