Top 10 states for existing-home sales growth in Q1

NAR releases statewide sales data

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The National Association of Realtors on Tuesday released first-quarter statewide sales data.

Sales of all existing homes, including single-family homes and condos, rose 11.4 percent in the first quarter compared to the same quarter last year, to a seasonally adjusted annual rate of 5.14 million, while falling 14 percent from fourth-quarter 2009 (see related article), and sales rose in 44 states and Washington, D.C., year over year in the first quarter.