A recent report from CoreLogic states that the National Association of Realtors methodology appears to inflate home sales by 15 to 20%.
"Statistic published by the N.A.R. appear to overstate sales of existing homes by 15% to 20%, mortgage and property aggregator CoreLogic says in a new report that concludes that homes sales fell more shapely last year than thought."
A NAR spokesman said "CoreLogic claim, " is premature at best," and NAR will be making some benchmark revisions to its historic sales data this year.
Bill MccInerney
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