Existing Home Sales fell 5.3% to 4.49M/year in January, and are down 8.6% from a year ago. NAR's...

|By:, SA News Editor
Existing Home Sales fell 5.3% to 4.49M/year in January, and are down 8.6% from a year ago. NAR's Lawrence Yun blamed the drop on would-be buyers waiting for more clarity on the nature of a gov't housing stimulus. Median prices -14.8% from a year ago.