Tuesday, March 23, 2010

January existing home sales drop 0.6 percent - Yahoo! Finance

January existing home sales drop 0.6 percent - Yahoo! Finance:

WASHINGTON (AP) -- Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern the fragile housing rebound is faltering, making it harder for the overall economy to recover.

The National Association of Realtors said Tuesday that sales of previously occupied homes dropped 0.6 percent in February to a seasonally adjusted annual rate of 5.02 million."

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