Archive for August, 2009

The national median existing-home price3 for all housing types was $178,400 in July, which is 15.1 percent lower than July 2008. ┬áDistressed properties continue to weigh down the median price because they typically sell for 15 to 20 percent less than traditional homes. Single-family home sales increased 6.5 percent to a seasonally adjusted annual rate […]