Posts with tag existing home sales

Home Sales Rise to 11-Month High

WASHINGTON -- Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year Still, sales remain depressed and ended 2011 well below healthy levels. The National Association of Realtors said Friday that sales... Continue Reading »

Home Sales Up, But Past Figures Grossly Overstated

WASHINGTON -- The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated about 3.5 million sales during and after the Great Recession, showing the housing market remains much weaker than previously thought. The private trade group says sales... Continue Reading »

Home Sales Perk Up, But Outlook Still Bleak

WASHINGTON -- The number of Americans who bought previously occupied homes rose slightly last month but remained at depressed levels. And more deals are being canceled at the last minute, a sign that even those who are looking to buy are worried about the housing market. Home sales rose 1.4 percent last month to a... Continue Reading »

Home Sales on Pace for Dismal Year

WASHINGTON -- The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year's dismal figures -- the worst in 13 years. The National Association of Realtors said Thursday that home sales fell 3 percent last month to a seasonally adjusted annual rate of 4.91... Continue Reading »

Home Sales Rise As Buyers Grab Foreclosures

WASHINGTON -- The number of Americans who bought previously occupied homes rose in August. But sales were driven by an increase in foreclosures, evidence that the housing market remains weak. The National Association of Realtors says home sales rose 7.7 percent last month to a seasonally adjusted annual rate of 5.03... Continue Reading »

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