Tuesday, December 13, 2011

National Association of Realtors: Existing Home Sales to be Revised Lower

Sold homes data has been incorrect the last 5 years. The National Association of Realtors plans to downwardly revise sales of previously-owned homes going back to 2007 during the release of its next existing home sales report on Dec. 21.

What this means that the house slump was worse than we initially thought. To read more about the National Association of Realtors revision…

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