Home Sales Dip 2.7 Percent In August After Four Months Of Gains : News Photo

Home Sales Dip 2.7 Percent In August After Four Months Of Gains

Credit: 
David McNew / Staff
PASADENA, CA - SEPTEMBER 24: A 'sold' sign stands outside an existing home on September 24, 2009 in Pasadena, California. Although home resale numbers have been gaining over the past four months, an unexpected decline occurred last month with sales dropping 2.7 percent to a seasonally adjusted annual rate of 5.1 million in August. July sales were 5.24 million. Still, the numbers were up 3.4 percent from a year earlier. Almost one in three homes last month were purchased by first-time home buyers who will get an $8,000 tax credit if the transaction is completed by November 30 when the credit expires. (Photo by David McNew/Getty Images)
Caption:
PASADENA, CA - SEPTEMBER 24: A 'sold' sign stands outside an existing home on September 24, 2009 in Pasadena, California. Although home resale numbers have been gaining over the past four months, an unexpected decline occurred last month with sales dropping 2.7 percent to a seasonally adjusted annual rate of 5.1 million in August. July sales were 5.24 million. Still, the numbers were up 3.4 percent from a year earlier. Almost one in three homes last month were purchased by first-time home buyers who will get an $8,000 tax credit if the transaction is completed by November 30 when the credit expires. (Photo by David McNew/Getty Images)
Calculate priceView basket
Date created:
September 24, 2009
Editorial #:
91119661
Restrictions:
Contact your local office for all commercial or promotional uses. Full editorial rights UK, US, Ireland, Canada (not Quebec). Restricted editorial rights for daily newspapers elsewhere, please call.
Licence type:
Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Collection:
Getty Images News
Max file size:
3,000 x 2,000 px (25.40 x 16.93 cm) - 300 dpi - 270 KB
Release info:
Not released.More information
Source:
Getty Images North America
Object name:
58470899

Keywords

This image is subject to copyright. Getty Images reserves the right to pursue unauthorized users of this image or clip, and to seek damages for copyright violations. To learn more about copyright and Getty Images’ enforcement program, click here. Availability for this image cannot be guaranteed until time of purchase.
sold' sign stands outside an existing home on September 24 2009 in... News Photo 91119661California,Civilian,Corporate Business,Economic Stimulus,Economy,Estate Agent,Finance,Growth,Home,Horizontal,Incentive,Pasadena - California,Resident,Sign,Small Business,Sold - Single Word,Stand,USAPhotographer Collection: Getty Images News 2009 Getty ImagesPASADENA, CA - SEPTEMBER 24: A 'sold' sign stands outside an existing home on September 24, 2009 in Pasadena, California. Although home resale numbers have been gaining over the past four months, an unexpected decline occurred last month with sales dropping 2.7 percent to a seasonally adjusted annual rate of 5.1 million in August. July sales were 5.24 million. Still, the numbers were up 3.4 percent from a year earlier. Almost one in three homes last month were purchased by first-time home buyers who will get an $8,000 tax credit if the transaction is completed by November 30 when the credit expires. (Photo by David McNew/Getty Images)