Existing home sales fell slightly more than expected
to an annualized pace of 4.91 million units in August, a 2.2% decrease in
the month, following July’s upwardly revised sales figure of 5.02
million. Even with a bigger loss than expected, the range in the past 11
months has been relatively narrow, according to the National Association
of Realtors (NAR).
Existing Home Sales Fall 2.2% to 4.91 Million in August
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