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Tuesday, September 25, 2007

Existing Home Sales 5.5 Million

by Calculated Risk on 9/25/2007 10:50:00 AM

My Internet Connection (Time Warner) is down.

From NAR Press Release.

Total existing-home sales – including single-family, townhomes, condominiums and co-ops – were down 4.3 percent to a seasonally adjusted annual rate1 of 5.50 million units in August from a level of 5.75 million in July, and are 12.8 percent below the 6.31 million-unit pace in August 2006.
Graphs will be posted soon (hopefully).

Sales: 5.5 Million SAAR.

Months of Supply: 10.0

Best to all.