U.S. real estate sales rate continues to slide Premium Content

For-sale inventory of existing homes builds up

Inman News®

Sales of existing homes were down in January while home prices continued to appreciate at double-digit rates, according to the National Association of Realtors.

The rate of existing-home sales – including single-family, townhomes, condominiums and co-ops – dropped 5.2 percent in January 2006 compared to January 2005 and declined 2.8 percent from December 2005, the Natio

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