Existing Home Sales Dip, Prices Rise


0  Updated at 1:17 pm, April 22nd, 2013 By: ABC Digital
Share This Story

Phillip Spears/Digital Vision(WASHINGTON) — The nation’s housing rebound appears to have hit a slight speed bump. Sales of previously-owned homes dipped 0.6 percent last month as supply remained tight.

Still, the rate of sales last month was 10.3 percent higher than it was a year ago, according to a report from the National Association of Home Builders.

The median price of a home rose nearly 12 percent from February to March to just over $184,000 — the biggest one-month gain since 2005.

Copyright 2013 ABC News Radio

Stories You May Be Interested In:

New atrial fibrillation clinic opens at EIRMC

15 Sep 2017

Mike Price, EastIdahoNews.com

Leave a Reply

Your email address will not be published. Required fields are marked *