West Leads Modest Rise in Existing Home Sales

The first increase in existing home sales during the last four months was led by sales in the West. Hurricanes likely restrained activity in the South.

Sales of pre-owned single-family houses, townhomes, condominiums and co-operatives during September were determined to be a preliminary 465,000 units.

Last month’s existing home sales brought the total for all nine months that have elapsed so far this year to 4.204 million residential units.

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From:: Financing