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NAR: Existing-home sales rebound in September, rise for Northeast

Oct 22, 2014
After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of REALTORS (NAR).

Total existing-home sales, which include single-family townhomes, condominiums and co-ops, increased 2.4 percent to a seasonally adjusted annual rate of 5.17 million in September. September closings were 1.7 percent below the 5.26 million-unit pace of September 2013. 

In the Northeast, existing-home sales rose 1.5 percent to an annual rate of 680,000, but remain 1.4 percent below a year ago. 

To read the entire NAR press release, click here.
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