Existing Home Sales Rise in July
Washington, DC, Aug. 22, 2012 -- Home resales rose 2.3% to a seasonally adjusted annual rate of 4.47 million in July, the National Association of Realtors reported Wednesday.
Other Archived Articles
The consensus estimate was 4.5 million units.
The median price of resold homes climbed 9.4% year-on-year to $187,300, and inventories rose 1.3% to 2.4 million units, representing 6.4 months of supply.