National Association of Realtors says sellers market continues.
National Association of Realtors said limited inventory is now holding back the market in many areas.
National Association of Realtors says signs of economic recovery continue.
National Association of Realtors data shows closed sales drop from August to September but up from year ago.
A real estate analytic and forecasting firm is sticking by its predictions for a significantly smaller mortgage and real estate market in 2011 over 2010.
Home sales are rising but they would even more if qualified consumers weren't being shut out of the market, trade group says.
The National Association of Realtors announced this morning that existing home sales fell off in February, sliding 9.6% to a seasonally adjusted annual rate of 4.88 million units in February.
More existing homes changed hands in December, allowing 2010 to end with a run of five of the preceding six months having higher sales of existing structures, according to the National Association of Realtors.
It was a little more than a year ago when the NCUA threw its support behind an advisory that encouraged workouts on commercial real estate loans.
For the second time this week, a national statistic has suggested that the real estate market might be stabilizing further.