Ad-free. Influence-free. Powered by consumers.
Skip to Main ContentThe payment for your account couldn't be processed or you've canceled your account with us.
Re-activateA look around your neighborhood will provide you with all the proof you need: Houses are taking a long time to sell. Indeed, according to the National Association of Realtors, sales of existing homes plunged 8 percent in September from August and have declined 19.1 percent from the September 2006 level. The NAR also reports that 4.40 million existing homes are on the market, a 10.5-month supply at the current sales pace.
Not only have sales slumped but prices are dipping, too. The national median sales price for existing homes of all types was $211,700 last month, down 4.2 percent from $220,900 12 months earlier.
if you're trying to sell your home in today's depressed market, read these expert tips from the Consumer Reports Money Blog.
Build & Buy Car Buying Service
Save thousands off MSRP with upfront dealer pricing information and a transparent car buying experience.
Get Ratings on the go and compare
while you shop
