... 5.00 M 4.92M 4.80M to 5.15M----4.91MExisting Home Sales - M/M Change----3.1% -2 ... Prices are being pressed down by a tide of distressed properties, sales of which the report said make up 35 to 40 percent ... report is mixed at the very best, with slowing rates of decline in sales offset by rising rates of decline in sale ...

The National Association of Realtors says home prices and home sales fell in August:Sales of existing homes fell in August ... an industry trade group.The National Association of Realtors reported that sales by homeowners sank in August to an annual pace of 4.91 ... were down 10.7% from a year earlier. ...Meanwhile, the median price of a home sold during the month — including single-family homes, townhomes, ...

New Home Sales At a Glance Annual Sales Rate (Seasonally Adjusted): 460,000 Monthly Change: Down 11.5% Annual Change: Down 34.5% Median Sales Price: $221,900 Monthly change: Down $8,800 Unsold Inventory: 10.9 months Technorati Tags: home sales, new residential sales [...]

... Online, reports that according to the National Association of Realtors, existing-home sales, including single-family, townhomes, condominiums and ... tight lending criteria can be loosened with reasonable standards and credit so that sales activity can catch up with demand." Lawrence Yun, NAR chief economist said, "August sales reflect higher interest rates before the government takeover of Freddie ...

Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors(R). Sales rose in the Midwest and South but fell in the Northeast and West. Nationally, existing-home sales — including single-family, townhomes, condominiums and co-ops — declined 2.2 percent to a seasonally [...]

New data on home sales in the US has revealed a drop of 2.2 percent which is still below expectations. The recent downward figures of home sales indicate that the repercussions of last year's housing market crisis are far from over, despite federal rescue packages for mortgage finance companies and other relief measures for homeowners [...]