LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Sales of Existing Homes Fall in June

Posted By Message

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Sales of Existing Homes Fall in June

AP
Sales of Existing Homes Fall in June
Tuesday July 25, 10:03 am ET
By Martin Crutsinger, AP Economics Writer
Sales of Existing Homes Fall in June, More Evidence That Market Is Slowing


WASHINGTON (AP) -- Sales of existing homes fell in June for the eighth time in the past 10 months while home prices edged up at the slowest pace in more than a decade -- more signs that the housing market has slowed dramatically.
The National Association of Realtors reported Tuesday that sales of previously owned homes and condominiums dropped 1.3 percent in June to a seasonally adjusted annual rate of 6.62 million units.

The median price of a home sold last month was $231,000. That was up 0.9 percent from June 2005 and represented the smallest year-over-year price gain since May 1995.


Posted 7/25/06 10:08 AM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

MrsBlueSash
Love my sailor

Member since 6/05

5793 total posts

Name:
Christian

Re: Sales of Existing Homes Fall in June

I would just add the Bloomberg.com predicted a slight increase in sales for the next six months in one article today. But that was just one, and they said slight.

Posted 7/25/06 11:10 AM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
July Pending Home sales fall 7% MegZee 9/1/06 3 Home
Sales of exising U.S. Homes slip (article) MegZee 6/27/06 2 Home
Fall and Halloween, who is starting to decorate their homes??????? MommyofG 9/26/05 12 Families Helping Families ™
ETA: Existing home sales drop in July MegZee 8/23/06 9 Home
 
Quick navigation:   
Currently 602380 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows