NAR Existing Home Sales indicate that sales have decreased by 21% between 2006 and 2008. NAR Existing Home Sales 2006-08.
Per Seeking Alpha, US Census Bureau, Home sales fall. New home sales in January fell 10.2% to 309,000 from December, short of the expected 330,000. Dec. was revised to 344,000 from 331,000. Median price was $201,100. At the current sales rate, there's 13.3 months of supply.
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