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Sales of existing homes exceed new-home sales

The Washington Post reports that sales of existing homes shot up in July, but sales of newly built homes fell.

August 26, 2014

Based on information from the Commerce Department on Monday, The Washington Post reports that new-home sales dropped 2.4 percent from June to a seasonally adjusted annual rate of 412,000, which is just half of the usual average of around 800,000.

PB Topical Ref

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Sales of existing homes exceed new-home sales

To Target Older Home Buyers and Sellers, Consider Their Emotions

While Lot Sizes Continue to Shrink, Data Show Their Value Is Growing

Rheem Donates $10K to Habitat for Humanity

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