Slight Dip in July Existing-Home Sales but Still Stronger Than a Year Ago

The national level of existing-home sales transactions came in 3.5% lower in July than June. Yet, when comparing existing-homes sales data between July 2011 and July 2010, the National Association of Realtors (NAR) states that overall existing-homes sales are up by 21% well after the “expiration of the home buyer tax credit.” http://bit.ly/oIuuk2

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