Sales of existing homes rose 2.9% in Feb after 6 consecutive months of declines. However, this is still 23.8% below that in Feb 07. Median sales price has also fallen 8.2% in the past yr to US$196k, and was the biggest yr-on-yr drop on record since 1968.
* CNBC-HomeSales , CNA-HomeSales *
Tuesday, March 25, 2008
Feb US Home Sales Rebound
Labels:
Residential,
US
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