Friday, October 23, 2009

Home Sales in South Rise 9 Pct From a Year Ago

Posted by: Scott Graulich

WASHINGTON (AP) -- September home sales in the South jumped more than 9 percent from last year as buyers snapped up bargain-priced homes and foreclosures.

The region registered 178,000 home resales last month, the National Association of Realtors said Friday. The median price was $153,500, a 7.6 percent decline from last September, when it was $166,200.

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