WASHINGTON -- The homes sales pace slid in 41 states and the District of Columbia in the second quarter compared to the same period in 2006, a leading real estate trade group said Wednesday.
The quarterly survey from the National Association of Realtors also showed prices rose in 97 of 149 metro regions from a year ago, while 50 regions had price declines.
The national median existing single-family home price was down 1.5 percent to $223,800 from the second quarter of 2006 when the median price was $227,100.
© Reuters 2007. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters.
Editor's note:
Sir John Templeton first warned of market, housing crash – Read More Here
The Mother of All Financial Disasters
Buffett: The best book ever written on investing.
