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Existing Home Sales Drop Again

By admin | January 24, 2008

ignoring the steadily dropping sales throughout the year, 2007 ended up with the fifth highest sales of existing homes on record. 5,652,000 existing homes sold during the year but this was 12.8 percent fewer units than the 6,478,000 sold in 2006.

Lawrence Yun, NAR chief economist, said, "home ground sales stay behind weak despite improved affordability conditions in divers parts of the territory, but we...

infer from More on occasion

Topics: Mortgage News |

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