Existing-Home Sales Ease Following 4 Monthly Gains

RISMEDIA, September 28, 2009—Existing-home sales in August 2009 gave back some of their strong gain in July but remain above year-ago levels, according to the National Association of Realtors®. Existing-home sales- including single-family, townhomes, condominiums and co-ops- declined 2.7% to a seasonally adjusted annual rate of 5.10 million units in August from a pace of 5.24 million in July, but remain 3.4% above, continued... http://rismedia.com/2009-09-27/existing-home-sales-ease-following-4-monthly-gains/