May Shows a Continued Strong Pace for Existing-Home Sales

Washington, DC – June 22, 2010 – (RealEstateRama) — Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of Realtors®. Gains in the West and South were offset by a decline in the Northeast; the Midwest was steady.


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