NAR: Existing-Home Sales Down 2.5% in August

The National Association of Realtors, Chicago, reported existing-home sales fell 2.5% in August from July, to a seasonally adjusted annual rate of 3.86 million.

July Existing Home Sales Ride the Wave

Existing home sales surged by a record 24.7 percent in July, the second straight double-digit monthly gain, the National Association of Realtors reported yesterday.