Industry NewsMarkets & Economy

Existing-home sales slip in February

Nearly 1 in 3 Realtors report deal falling through
Published on Mar 22, 2012

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by CareyBot

Sales of existing homes slipped slightly from January to February, but were up 8.8 percent from the same time a year ago, the National Association of Realtors reports.

The 0.9 percent January-to-February decline in existing-home sales was a surprise to some analysts, and NAR Chief Economist Lawrence Yun acknowledged that the market "is trending up unevenly."

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