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US home sales, prices fall in August

September 24th, 2008 · Permalink



A sign shows that an existing home has sold in Bainbridge Twp, Ohio on Monday, Sept. 22, 2008. A trade group for real estate agents says sales of existing homes fell by 2.2 percent in August, but the number of unsold homes on the market also dropped sharply from the previous month's record high. (AP Photo/Amy Sancetta)AP - A record decline in U.S. home prices in August attracted more buyers in some areas and led to a sizable decline in the number of unsold homes on the market, the National Association of Realtors said Wednesday.


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