Existing Home Sales Released

Posted: January 26, 2010 in Uncategorized
Tags: , ,

Existing Home Sales released yesterday, which showed a drop of almost 17% in December, far worse than expected. Inventories were up, although home prices rose slightly. For 2009 the median house price is down by 12.4%, worse than the 9% decline in 2008 and the worst performance on record.

And the hits just keep coming….

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