01-26-2009, 03:41 PM
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GreekChat Member
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Join Date: Dec 2007
Location: Potbelly's
Posts: 1,289
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Existing home sales post surprising gain last month
http://www.cnbc.com/id/28854489
Quote:
Sales of existing homes rose 6.5 percent from November to December, closing out the worst year for the U.S. real estate market in more than a decade, an industry trade group said Monday.
The National Association of Realtors reported that sales of existing homes rose to an annual rate of 4.74 million in December, from a downwardly revised pace of 4.45 million in November.
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