Single family home sales also remained weak with sales staying flat from February and falling a notable 7.3% below the level seen in March 2013 while the median selling price increased 7.4% above the level seen a year earlier.
Inventory of single family homes increased from February to 1.74 million units and climbed 5.5% above the level seen in March 2013 which, along with the sales pace, resulted in a monthly supply of 6.1 months.
The following charts (click for full-screen dynamic version) shows national existing single family home sales, median home prices, inventory and months of supply since 2005.
