Sales of Existing ºÚÁϳԹÏÍøs Dip 5.2% in January
ales of previously owned homes fell 5.2% in January to 6.04 million houses at an annual pace, the National Association of Realtors said Wednesday.
Houses sold at a revised 6.37 million annual rate in December, the group said.
When a home is sold, trucks are often needed to ship household appliances and furniture. Existing homes account for 85% of the residential real estate market and new homes the remainder.
Existing home sales rocketed to a record high 6.1 million in all of 2003.
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