« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

The recession which Obama inherited from Bush was apparently worse than had perviously been reported...

By: oldCADuser in FFFT | Recommend this post (0)
Wed, 21 Dec 11 11:14 PM | 56 view(s)
Boardmark this board | Food For Further Thought
Msg. 37282 of 65535
Jump:
Jump to board:
Jump to msg. #

Existing-home sales downwardly revised 14%

Dec. 21, 2011, 10:00 a.m. EST

WASHINGTON (MarketWatch) -- An average of 14% fewer existing homes were sold annually between 2007 and 2010, according to revisions reported Wednesday by the National Association of Realtors, pointing to a housing market that was even weaker than previously believed. During the revision's time period, there were average annual sales of about 4.42 million existing homes, compared with prior estimates of about 5.16 million. NAR revised the data to correct for some sampling and data-reporting problems. Going forward NAR will annually re-benchmark data.

http://www.marketwatch.com/story/existing-home-sales-downwardly-revised-14-2011-12-21-100210?siteid=

***************************************************************




Avatar

OCU


- - - - -
View Replies (1) »



» You can also:
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next