Existing Homes Sales Fall 3.6% YOY

06-23-2009 • Ritholtz.com/blog

 Existing-home sales fell 3.6% from May 2008. Sales in May 2009 rose 2.4% from April to 4.77 million. Once again, the prior monthly number was revised downwards (4.68 million down to 4.66 million).