Wednesday, March 21, 2012

Reuters: Economic News: Home resales fall in Feb, inventories rise

Reuters: Economic News
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Home resales fall in Feb, inventories rise
Mar 21st 2012, 16:10

A house sits for sale in North Aurora, Illinois July 24, 2008. U.S. existing home sales fell more sharply than forecast in June and dragged the annual sales pace to a 10-year low, the National Association of Realtors said on Thursday. Home resales fell 2.6 percent from May to a 4.86 million-unit annual rate.

Credit: Reuters/Jeff Haynes

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