Sales Of Existing Homes Rise For Seventh Month In Row

Real estate agent Shellie Young from Fortune International Realty (L) shows a home that is for sale to prospective buyer, Gloria Arboleda on October 1, 2009 in Miami, Florida. Declining home prices, low mortgages rates and government stimulus programs have helped push up the number of pending home sales according to the National Association of Realtors, as they rose by 6.4 per cent in August and were up by 12.4 per cent from a year ago.
Real estate agent Shellie Young from Fortune International Realty (L) shows a home that is for sale to prospective buyer, Gloria Arboleda on October 1, 2009 in Miami, Florida. Declining home prices, low mortgages rates and government stimulus programs have helped push up the number of pending home sales according to the National Association of Realtors, as they rose by 6.4 per cent in August and were up by 12.4 per cent from a year ago.
( - Photo by Joe Raedle/Getty Images North America)
Real estate agent Shellie Young from Fortune International Realty (R) shows a home that is for sale to prospective buyer, Gloria Arboleda on October 1, 2009 in Miami, Florida. Declining home prices, low mortgages rates and government stimulus programs have helped push up the number of pending home sales according to the National Association of Realtors, as they rose by 6.4 per cent in August and were up by 12.4 per cent from a year ago. Real estate agent Shellie Young from Fortune International Realty (L) shows a home that is for sale to prospective buyer, Gloria Arboleda on October 1, 2009 in Miami, Florida. Declining home prices, low mortgages rates and government stimulus programs have helped push up the number of pending home sales according to the National Association of Realtors, as they rose by 6.4 per cent in August and were up by 12.4 per cent from a year ago. Real estate agent Shellie Young from Fortune International Realty (L) shows a home that is for sale to prospective buyer, Gloria Arboleda on October 1, 2009 in Miami, Florida. Declining home prices, low mortgages rates and government stimulus programs have helped push up the number of pending home sales according to the National Association of Realtors, as they rose by 6.4 per cent in August and were up by 12.4 per cent from a year ago. Real estate agent Shellie Young from Fortune International Realty (R) shows a home that is for sale to prospective buyer, Gloria Arboleda on October 1, 2009 in Miami, Florida. Declining home prices, low mortgages rates and government stimulus programs have helped push up the number of pending home sales according to the National Association of Realtors, as they rose by 6.4 per cent in August and were up by 12.4 per cent from a year ago.
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