CoreLogic: NAR methodology appears to inflate home sales by 15 to 20%
Statistics published by the National Association of Realtors appear to overstate sales of existing home by 15 to 20 percent, mortgage and property data aggregator CoreLogic says in a new report that concludes home sales fell more sharply last year than previously thought.
A NAR spokesman said the Corelogic claim "is premature at best," and NAR will be making some benchmark revisions to its historic sales data later this year.
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News for Prescott AZ - AmericanTowns.com
Wednesday, February 16, 2011
News Flash: Decline In Real Estate Sales Greater Than Stated?
Posted by Brad Bergamini at 7:48 AM