Existing home sales up

The National Association of Realtors reported a .3 percent increase in the sale of existing homes in March to an annual pace of 6.92 million. This is an increase from both February and January. Here's a story from The Times. Here's the Association's press release: http://www.realtor.org/PublicAffairsWeb.nsf/Pages/MarchEHS06?OpenDocument.

The national median selling price was reported at $218,000, up 7.4 percent from a year earlier.