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NAR Adjusts Numbers

By the time this reaches you, the National Association of Realtors willhave released revised sales and inventory numbers as far back as 2007.Under pressure from other housing market data sources, NAR reviewed itssampling methodologies and came to see that there were flaws in the waythey counted sales and inventories. There are those who have had a sensethat NAR's numbers have been inflated for years including severalpredictions back in 2005-2007 that recovery was just around the corner.
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