Existing Home Sales Lower Than Expected
Posted:Jul. 24, 2008
09:16 AM
09:16 AM
The National Association of Realtors (NAR) reported today a decline in June of existing home sales by 2.6 percent, a ton more than the 1 percent drop expected.
After better numbers in May, this is a clear signal the housing market still has a long way to go before hitting bottom. This bad news is [...]