March Existing-Home Sales Slip Due to Limited Inventory, Prices Maintain Uptrend

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WASHINGTON (April 22, 2013) – Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 0.6 percent to a seasonally adjusted annual rate of 4.92 million in March from a downwardly… Read More


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