Posted by: union03g | January 25, 2010

NAR Existing Home Sales Numbers

Today, the National Association of Realtors reports that existing home sales fell off a cliff in December, dropping by a seasonally adjusted 17% from November. Still, that’s 15% higher than December 2008, but the fewest sales since August.

But the news isn’t all bad. The median home prices increased by a whopping 5% in December. That’s the first increase since May. And at $178,300 now, that median home price is the highest the U.S. has seen since July.

NAR existing home sales 2009-12.PNG

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