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IPFS News Link • Housing

April Existing Home Sales: Fall 3.5 percent below 2008 Level

05-27-2009 • CalculatedRiskblog.com

It's important to note that close to half of these sales were foreclosure resales or short sales. Although these are real transactions, this means activity (ex-distressed sales) is under 3 million units SAAR.

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Reported By Jack Gregson

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April Existing Home Sales: Fall 3.5 percent below 2008 Level

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