US Existing Home Sales come weaker than expected

Written February 25, 2009 at 10:01 AM EST by  

Annualized Sale Pace:  4.49 M  vs. 4.74 M last month
Median Sales Price:   $170.3  vs $175.4 last month. Lowest since March 2003.
Months Supply:  9.6 Months  vs 9.4 revised months last

Report is weaker than expectations.

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