NAR blames weather, subprime woes for sales drop

The rate of existing-home sales fell 11.3 percent and the median price dropped 0.3 percent in March compared to the same month last year, the National Association of Realtors reported today.

Existing-home sales -- including single-family homes, townhomes and condominiums -- fell to a seasonally adjusted annual rate of 6.12 million in March, down 8.4 percent compared to Febru

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.