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Real Estate & Property Law

: Housing Wire

Existing Home Sales Boosted by Price Discounts

By KELLY CURRAN

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Existing-home sales jumped in February, reversing losses in January, according to the National Association of Realtors.  Even so, sales activity remains relatively soft, NAR said, reflecting additional layoffs and apprehensive buyers. Existing-home sales ? including single-family, townhomes, condominiums and co-ops ? rose 5.1 percent to a seasonally adjusted annual rate of 4.72 million units in February [...]

Full post as published by Housing Wire on March 23, 2009 (boomark / email).

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