Home sales up, prices down in September

Smith, Hubble
October 2008
Las Vegas Business Press (10712186);10/27/2008, Vol. 25 Issue 43, p13
The article reports on the increasing sales of both new and existing homes for the month of September 2008. Statistics from Las Vegas-based Sales Traq reported that the 961 new-home sales and the 3,199 existing-home sales in September represent a 21 percent improvement and the ninth straight month of increased sales, respectively, from the previous month. Prices continue to fall with the median price of new homes down by 20 percent to $252,971 from 2007 and existing homes falling to its lowest since January 2004 at $186,500.


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