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Existing Home Sales in August: 5.0 million SAAR, 8.5 months of supply

From Calculated Risk – Economics and Finance blog

“The NAR reports: August Existing-Home Sales Rise Despite Headwinds, Up Strongly from a Year Ago.

Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 7.7 percent to a seasonally adjusted annual rate of 5.03 million in August from an upwardly revised 4.67 million in July, and are 18.6 percent higher than the 4.24 million unit level in August 2010.”

Click here to read the full article and view graphs and other reports.

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This entry was posted on September 21, 2011 by in Uncategorized.

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