http://www.realtor.org/news-releases/2012/04/existing-home-sales-decline-in-march-but-inventory-down-prices-stabilizing
- The recovery is happening though not at a breakout pace, but we have seen nine consecutive months of year-over-year sales increases
- Listed inventory is 21.8 percent below a year ago and well below the record of 4.04 million in July 2007.
- The national median existing-home price3 for all housing types was $163,800 in March, up 2.5 percent from March 2011
- Foreclosures typically sold for an average 19 percent below market price in March, while short sales were discounted 16 percent.
- First-time buyers accounted for 33 percent of transactions in March
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