Existing single-family home sales rose 2.4% to an annualized rate of 4.32 million units in June and prices appear to be firming up as well, according to figures released Thursday morning by the National Association of Realtors (NAR).

The comparison is to the previous month and when measured against the same month last year, the figures aren't as promising. Sales of single-family homes (condos and cooperatives excluded) rose 0.2% compared to June 2008 and prices fell 15% (to $181,400).

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.