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Existing Home Sales Were Down 2.6 Percent In April
By admin | May 25, 2007
On Thursday the Census Bureau and the Department of Housing and Urban Development released figures for in April that showed a big increase in sales and a drop in both median and average home sale prices. Media coverage has speculated that the both outcomes were a result of price cuts by builders in an attempt to get product moving and inventories reduced.
On Friday the National Association of Realtors® released its report on the April sales of existing homes. The data showed a...
Topics: Mortgage News |