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Downward revision on home sales data?

Posted on 04 January 2012

You might have missed the news because it happened over the holidays last month, but the National Association of Realtors put out home sales data for November and also revised its sales numbers for the past several years going back to 2007.
Yikes! Several people in the local real estate market raised eyebrows over this, and NAR said that the error, which was a 14.6 percent downward revision of national home sales for 2010, was due to a change in the actual number of for-sale-by-owner home sales………………………………………..Full Article: Source


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