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 Existing-Home Sales Slip in April
26-5-2006
Existing-home sales eased in April on the heels of a two-month rebound, according to the National Association of Realtors®.
Total existing-home sales – including single-family, townhomes, condominiums and co-ops – slipped 2.0 percent to a seasonally adjusted annual rate1 of 6.76 million units in April from a downwardly revised level of 6.90 million in March, and were 5.7 percent below the 7.17 million-unit pace in April 2005.
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