Home Sales 2007

Here's what happened regionally in the United States with existing-home sales:

• Northeast: slipped 2 percent in August to an annual pace of 1 million, which is 5.7 percent below a year ago. Median price: $282,300, up 3.6 percent from August 2006.

• South: eased by 2.7 percent to a level of 2.2 million in August, which is 12.7 percent lower than August 2006. Median price: $183,500, down 0.7 percent from a year ago.

• Midwest: fell 5.2 percent to an annual rate of 1.28 million in August, and is 10.5 percent below a year ago. Median price: $177,100, up 3.1 percent from August 2006.

• West: dropped 9.8 percent in August to a level of 1.01 million, and is 21.7 percent below August 2006. Median price: $332,300, which is 3.8 percent below a year ago.

— REALTOR® Magazine Online