Home Sales on Decline

Friday, October 19, 2012 - 7:33pm

Existing home sales took a dip last month.

September sales were down 1.7 percent compared to a two-year high in August. Overall, sales are up 11 percent from a year ago. Even though that could be a sign of slow recovery, home sales remain below what economists consider a healthy market. At the current pace, it would take about six months to move those homes off the market.

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