from The Wall Street Journal
May 23, 2008
Existing-home sales fell for a second month in a row during April, while inventories surged. Home resales fell to a 4.89 million annual rate, a 1.0% decrease from March's revised 4.94 million annual pace, the National Association of Realtors said. The median home price was $202,300 in April, up from $200,100 in March but down 8.0% from $219,900 in April 2007.
For more information, see:
http://online.wsj.com/article/SB121154951554417233.html?mod=djemalertNEW
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