Existing-Home Sales Post Big Gain, Inventories Continue to Shrink

Washington, November 23, 2009
Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, while inventories continue to decline, according to the National Association of Realtors

http://www.realtor.org/press_room/news_releases/2009/11/record_big