Buyers of homes are coming back into the market place, so says the Existing Home Sales report. We saw an increase of 2.9% in sales for April verses March. What the report says to me is that people are taking advantage of the lower prices in the housing market.
The reported numbers goes as follows:
Actual- 4.68M
Market Expects- 4.66M
Prior- 4.55M
Wednesday, May 27, 2009
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