Tag Archive for ‘sales’

Existing Home Sales Edge Down With Increasing Contract Cancellations

Another soft result for result for existing homes sales. The National Association of Realtors (NAR) reported sales of existing homes slipped a further 0.8% in June to a seasonally adjusted annual rate of 4.77 million, as contract cancellations spiked unexpectedly. Following very strong growth in the second half of 2010, existing home sales have lost momentum in 2011, as June’s… Read More ›