Existing home sales fall — again
by Associated Press
Published: March 23,2010
Tags: housing crisis, housing market, mortgage, real estate, recession
WASHINGTON — Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern that the fragile housing rebound could falter, making it harder for the overall economy to recover.
The National Association of Realtors said that sales of previously occupied homes dropped 0.6 percent in February to a seasonally adjusted annual rate of 5.02 million.
The weakness in sales depressed prices with the median home price dropping by 1.8 percent from a year ago to $165,100.
Close this Window Bookmark and Share This Page
Copy HTML:
If you like this then please subscribe to the RSS Feed.
To sign up for Mississippi Business Daily Updates, click here.
Recent Posts
- Deadline nearing for SBA drought-related disaster loans
- TEC lowers long distance rates for residences, businesses
- Corps reports museum nearing completion; opening set for July
- State House recognizes Bomgar founder business success
- Another county earns NWS’ StormReady designation
- Appeals Court rules against VT Halter in Navy-trade secrets lawsuit
- Officials approve sale of land after checking with Ethics Commission
- Coast city to appeal judge’s decision on proposed annexation


![[Print]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/print.png)
![[Email]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/email_2.png)
![[RSS Feed]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
![[Digg]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/digg.png)
![[Facebook]](http://msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/facebook.png)
POST A COMMENT