NAR: Resale inventory hits 2 million mark in February
Despite improvement, some loss of momentum seen
Higher mortgage rates, constrained inventories and tight credit slowed pace of sales in November
NAR's chief economist says 'erosion in buying power' curtailing purchases
NAR: Home prices were up 11.7 percent compared to last year
NAR: Rising mortgage rates push buyers to close more deals
NAR: Home inventory rose nearly 2 percent
NAR: Resales hit seasonally adjusted annual rate of 5.18 million in May
Despite slight monthly decline, existing-home sales up 10.3% from a year ago