Sales of existing homes recorded modest gains in January, the third straight month of month-over-month increases.
According to the National Association of Realtors, homes sold at an annual rate of 5.36 million in January, up 2.7% from December and 5.3% higher than January 2010 sales. At the same time, the median home price fell 3% to $158,000, compared to a year earlier.
Read More: Existing home sales inch up in January - Feb. 23, 2011
Thursday, February 24, 2011
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