Far fewer homes have been sold over the past five years than previously estimated, the National Association of Realtors said Tuesday.
NAR said it plans to downwardly revise sales of previously-owned homes going back to 2007 during the release of its next existing home sales report on Dec. 21.
This blog has often stated that the NAR is simply talking its own book and its numbers flawed. It is amazing that this group is even admitting its sales numbers have been way off.
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