Wednesday, September 26, 2007

National Home Sales Down in August

We recently reported on California home sales - August California home sales.

Now comes a report from the National Association of Realtors® regarding home sales nationwide in August - "Existing-home sales fell in August when mortgage availability problems were peaking...total existing-home sales including single-family, townhomes, condominiums and co-ops – were down 4.3 percent to a seasonally adjusted annual rate1 of 5.50 million units in August from a level of 5.75 million in July, and are 12.8 percent below the 6.31 million-unit pace in August 2006."

To read more: August home sales

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