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Market Update : 
Existing Home Sales Drop 0.4% in January
Author: 123jump.com Staff
123jump.com
Last Update: 10:24 AM EST February 25 2008



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Existing-home sales – including single-family, townhomes, condominiums and co-ops – slipped 0.4% to a seasonally adjusted annual rate of 4.89 million units in January from an upwardly revised level of 4.91 million in December, and are 23.4% below the 6.44 million-unit pace in January 2007.

 

 

 

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