January Existing Home Sales Increased Nationally

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January Existing Home Sales Increased Nationally

January saw a continuation of the early stages of stabilization in the existing-home market. While prices are down an average of 2.6%, the pace of sales increased by 2.7%. In order to have a sustained upswing, the market needs to have a large increase in activity in the months ahead prior to any sustained price increase.

Read the full article from Brian Wesbury and Robert Stein here.

» Download January Existing Home Sales Increased Nationally as PDF

Tags: brian wesbury, First Trust, Robert Stein, stabilization

This entry was posted on Friday, February 25th, 2011 at 11:35 am and is filed under market trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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