No Gain, No Loss: Existing-Home Sales Stabilize
August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92 million—a jump from 1.87 million the prior year.Activity was carried by the Midwest and Northeast, rising 2.4 percent to 1.28 million and 7.6 percent to 710,000 in the regions, respectively. The median in
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