Home Sales Dip, Prices Ease in August

Home Sales Dip, Prices Ease in August
A single family home is shown for sale in Encinitas, Calif., on May 22, 2013. Mike Blake/File/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

Sales of previously occupied homes in the United States fell in August, breaking two consecutive months of growth, while prices eased somewhat, according to the National Association of Realtors (NAR).

Existing home sales—which include single-family houses, condominiums, and co-ops—fell 2 percent in August, after rising 1.6 percent in June and 2.2 percent in July, according to NAR data.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics