February 4, 2012

Real Estate Sales Slip in March

According to a recent press release by the National Association of REALTORS, existing-home sales – including single-family, townhomes, condominiums and co-ops – were down 2.0 percent to a seasonally adjusted annual rate1 of 4.93 million units in March from a level of 5.03 million in February, and remain 19.3 percent below the 6.11 million-unit pace in March 2007. A rise in condo sales in March was offset by a drop in single-family sales. Regionally, sales rose in the Northeast and West but fell in the Midwest and South.

 Real Estate Sales Slip in March

About the author

Jim Salazar wrote 18 articles on this blog.

Jim Salazar is a freelance writer and online marketer, who creates content for and supports many sites including Houston real estate website ClientSideRealtors, which specializes in the Houston and Kingwood real estatereal estate markets. He lives in Houston Texas.

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