Saturday, June 14, 2008

NAR Corrected: NJ Q1 Home Sales down 30%

by Calculated Risk on 6/14/2008 10:27:00 AM

The New Jersey Real Estate Report finds an error in the NAR data for New Jersey:VINDICATION - NJ Q1 Home Sales down 30%

The NAR reported New Jersey sales as flat, but now are correcting the data to show a 30% decline in sales.

This probably has some impact on the national data too. Kudos to James!