St Louis Mortgage and Real Estate News –
St Louis Mortgage Lending and Commercial Mortgage News: NAR Reports Existing Home Sales Up But Prices Down
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Existing home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors (NAR).
Total state existing-home sales, including single-family and condo, rose 8.3 percent to a seasonally adjusted annual rate of 5.14 million in the first quarter from (more…)






