What should investors make of August’s better-than-expected 7.6% rise? Not too much. Even though it’s a big improvement over July’s ugly 27.2% plunge, it’s still the second-lowest month for existing-home sales in the past 15 years.
Continue reading August’s Bounce in Existing-Home Sales: Scant Progress
August’s Bounce in Existing-Home Sales: Scant Progress originally appeared on DailyFinance on Thu, 23 Sep 2010 12:00:00.
Filed Under: Economy, Investing, Real Estate, Market News
