SALES ROSE: Home sales increased 7.7 percent in August to a seasonally adjusted annual rate of 5.03 million homes. That's below the 6 million that economists say is consistent with a healthy housing market.
MORE FORECLOSURES: Homes at risk of foreclosure made up 31 percent of sales, up from 29 percent in July. Many of those sales went to investors, who are increasingly buying homes priced under $100,000.
FEWER FIRST-TIMERS: First-time buyers, who are critical to reviving the housing market, didn't budge. They made up only 32 percent of sales, matching the July level.