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NAR: Existing-home sales slip in June for Northeast and nationally, still above year-ago levels

Jul 23, 2013
Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, according to the National Association of REALTORS (NAR). The median price shows seven straight months of double-digit year-over-year increases.

Total existing-home sales, which include single-family townhomes, condominiums and co-ops, fell 1.2 percent to a seasonally adjusted annual rate of 5.08 million in June. June closings were 15.2 percent higher than the 4.41 million-unit pace of June 2012.

In the Northeast, existing-home sales also fell, dipping 1.6 percent to an annual rate of 630,000 in June but are 16.7 percent above June 2012. 

To read the entire NAR press release, click here.
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