Buyers have been hoping for it and sellers have been dreading it but home prices have apparently started a long-expected decline while existing home sales continued their five month slide. On the price front the change is not dramatic, at least not yet. The monthly survey conducted by the National Association...
The National Association of Realtors, in a statement released on Tuesday, said that housing sales and prices in 2006 will remain strong but will not achieve the record levels of 2005. Sales of existing homes are expect to drop to 6.74 million this year, a decline of 4.7 percent from the record high 7...
The National Association of Realtors (NAR) has issued its report for both December existing home sales and for the entire last year. Total sales for the year, including single-family houses, townhouses, condos, and co-ops totaled 7,072,000 units. This was 4.2 percent higher than the 6,784,000 recorded...