New data indicate that the housing slump was deeper than initially estimated. The National Association of Realtors said Wednesday that it over-estimated home sales by 14.3% between 2007 and 2010, meaning that 2.9 million fewer homes sold during those years than thought earlier.
National Association of Realtors Revises Data Lower
Previous post: Vacancy Rate at U.S. Malls Hits Record 9.4%
Next post: Commercial Property Financing Costs Soar