Realtorsâ Index Shows Dip for Existing-Home Sales
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Pending home sales dipped in November, a trade group for real estate agents said, but the association expects sales to pick up in the second half of 2008.
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The pace of existing home sales in  the United States fell by 2.2 percent in December to a  slower-than-expected 4.89 million-unit annual rate, the  National Association of Realtors said in a report on Thursday.
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WASHINGTON -- Sales of existing homes fell by a larger-than-expected amount in April while the median price of a home sold during the month fell for a ninth straight month as the troubles in the subprime mortgage market acted as a further drag on housing.
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WASHINGTON -- Sales of existing homes fell for the fifth consecutive month in August as the once-booming housing market slowed further.
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The US housing market remains sluggish, with sales of existing homes at their lowest level in four years.
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The number of existing homes sold also fell, suggesting that the sharp decline in home sales seen earlier this year has for now leveled off.
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Sales of existing homes fell by a larger-than-expected amount in April while the median price of a home sold during the month fell for a ninth straight month as the troubles in the subprime mortgage market acted as a further drag on housing.
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Sales of existing U.S. homes fell more than expected in July, as the housing market took a breather from its record-toppling run, a trade association report showed on Tuesday.
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The pace of existing home sales in   the United States fell for a fifth straight month in August and   prices dropped from year-ago levels for the first time in 11   years, a U.S. realtors group said on Monday.
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The National Association of Realtors reports sales of previously owned US homes fell 2.9 percent in July. The Realtors said resales in July fell to 6.72 million single-family
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WASHINGTON -- Pending sales of existing homes dropped for the third straight month in May, a real estate trade group said Tuesday, demonstrating the persistence of the housing slump.
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The pace of existing home sales fell sharply in August to a 5.5 million-unit annual rate while single-family home inventories grew to their highest level in 18 years, the National Association of Realtors said in a report on Tuesday.
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Sales of existing homes edged down 0.1 percent in October, but low mortgage rates continued to contribute toward what might become a record year in home sales, a trade association report showed on Tuesday.
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Sales of existing homes in the  United States fell by 3.3 percent in December from a record  high in November, a trade association report showed on Tuesday.
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Stocks fell moderately in early trading following news that sales of existing homes fell in July for a fifth straight month and that inventories of unsold homes spiked.
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Sales of previously owned homes inched up 0.4 percent  but that did not change the overall bleak picture for a housing industry that has been suffering through a painful slump.
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Investor's Business Daily - The National Assoc. of Realtors cut its &#39;07 outlook for the fourth consecutive month. Home resales will fall to 6.18 mil from last month&#39;s forecast of 6.29 mil and well below the initial 6.42 mil forecast. The median existing-home sales price will fall 1.3%, more than the previously forecast 1% slide. The median new-home price will fall 2.3% to $240,800, reversing the Jan. forecast for a 2% gain, NAR said.