September Existing Home Sales Flat

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Sales of existing U.S. homes were unchanged in September at a 7.28 million unit pace, as strong post-Katrina sales in the U.S. South helped offset weaker activity elsewhere, a trade group said on Tuesday.


Sales of the previously owned homes were flat compared with August’s downwardly revised 7.28 million unit pace, the National Association of Realtors said. That figure includes both single-family homes and condominiums. Analysts had expected overall sales to decline to a 7.20 million unit pace from the originally reported 7.29 million unit pace in August.


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