Log in to WRAL.com with one click using your favorite social network:
OR
Log in using your WRAL.com account:



Wrong email/password combination.

Forgot password?

Register with WRAL.com using your favorite social network:
OR
Register for a WRAL.com account using our web form.

Login Options

6:58 p.m. • 2-10-12

Weather Forecast for Raleigh

  • Sat: Mostly Cloudy.
    • Hi: 52° F
  • Sun: Clear.
    • Hi: 43° F
  • Mon: Mostly Cloudy.
    • Hi: 50° F

Other Locations

> 7 Day Forecast

Doppler Image

Marketplace Links

Social Links

Main Menu

Sales, prices of existing homes were down in January


e-mail print friendly
Housing sales, foreclosure
Housing sales, foreclosure

Sales of existing homes in North Carolina dipped in January by about 37 percent. In 2008, 6,363 were sold in January. This year, 4,044 units sold.

In December, 5,100 existing homes sold, according to data from the National Association of Realtors.

The average closing price of a sale was $192,537, a decline of about 10 percent over this time last year.

Lawrence Yun, an economist for the group, said the hesitation by buyers was understandable.

“Given so much stimulus package discussion in January, some would-be buyers simply sat out for clarity and certainty on the nature of housing stimulus,” he said.

RELATED TOPICS: Lawrence Summers

e-mail print friendly

0 Comments


WRAL.com welcomes your comments on this story. All comments are moderated prior to publication based on our posting guidelines. Please review them prior to posting and if your message is not approved.

View Comments 0 COMMENTS

This story is closed for comments.

View Comments 0 COMMENTS

Market Watch

advertisement