The National Association of Realtors today released Existing Home Sales data for June 2010. HERE is the methodology for data collection Excerpts from the release.... With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, fell 5.1 percent to a seasonally adjusted annual rate of 5.37 million units in June from 5.66 million in May, but are 9.8 percent higher than the 4.89 million-unit pace in June 2009 . In addition, existing single-family home sales rose in 12 of the 19 areas from a year ago while two were unchanged. Single-family...(read more)

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