2012 home resales best in 5 years

They dipped in December, but analysts blame budget, tax jitters

Posted: January 23, 2013 at 3:54 a.m.

U.S. sales of previously owned homes dipped in December from November, in part because of a limited supply of available homes. But for all of 2012, sales rose to their highest level in five years.

This story is only available from our archives.

Front Section, Pages 1 on 01/23/2013


« Previous Story

Russians in Syria begin evacuation

Russian family walk together shortly after crossing the border from Syria into Lebanon at the Masnaa border crossing in eastern Lebanon, Tuesday, Jan. 22, 2013. Some 80 Russian citizens crossed into Lebanon as Moscow began evacuating some of the tens of thousands of Russians who live in Syria. (AP Photo/Bilal Hussein)

Key Syrian ally Russia began evacuating its citizens from the country on Tuesday as the civil war gathered mo... Read »

Next Story »

Obama, Reid say debt-limit shift wise

Senate Majority Leader Harry Reid, D-Nev., speaks with reporters following a Democratic strategy session at the Capitol in Washington, Tuesday, Jan. 22, 2013. (AP Photo/J. Scott Applewhite)

The Obama administration said it welcomes a move by House Republicans to vote today on lifting the nation’s de... Read »