Industry NewsMarkets & Economy

U.S. home-sales rate hits 12-year low

NAR: January rate in West up 29% from year ago
Published on Feb 26, 2009

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by CareyBot

The sales rate for resale homes dropped 5.3 percent in January to a 12-year-low, the National Association of Realtors reported today, and fell 8.6 percent compared to the same month last year.