February Existing-Homes Sales Slip But Up Strongly From a Year Ago

 Quick Indicators from NAR’s article “February Existing-Homes Sales Slip But Up Strongly From a Year Ago”

– Total existing homes nationwide UP 8.8% higher than Feb 2011   

– “Rising demand for both rental space and homeownership this year” according to Yun

– National median existing-home price for all housing types UP 0.3% from Feb 2011

– Distressed homes DOWN 39% in Feb 2011

– Single Family Homes sales 9.4% higher than a year ago

Click HERE to read the article.

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