CAAR's 2010 Mid-Year Market Report: Sales Below 2002 Level, Even With Homebuyer Tax Credit and Historically Low Mortgage Rates

The CAAR 2010 Mid-Year Market Report shows that  2010 sales beat sales of 2009's "Great Recession."  Contracts had to close by June 30.*  
But these sales were fueled by the Federal Government's subsidies:  the Homebuyer Tax Credit and carefully-controlled historically low mortgage rates.  2010 sales beat the Recession, but certainly not the bubble.  And the story's longer than one year:  Sales