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发表于 2011-3-21 09:09 AM
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This doesn't sound like good news, but market actually goes higher after this ...
Feb. Existing Home Sales: -9.6% to 4.88M vs. 5.15M expected. Inventory of unsold homes +3.5% to 3.49M; months supply 8.6. Median sales price -4.2% Y/Y to $157,000. Home sales are constrained by "unnecessarily tight credit, and a measurable level of contract cancellations from some appraisals not supporting prices negotiated between buyers and sellers," NAR's Lawrence Yun says. |
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