Tag Archives: NAR Revises Housing Figures: What This Really Means

Home sales activity from 2007 through 2010 was lower than originally thought, with sales and inventory down by 14 percent more than originally reported, according to recently revised housing figures by the National Association of REALTORS®. The revisions were made to NAR sales and inventory data since 2007. NAR notes, however, that the revisions did not change the month-to-month characterization of market conditions, nor were any changes made to reported home prices or month’s supply. That’s important note, because this change doesn’t really affect “anything happening today in the economy, […]