Sales of U.S. existing homes surged 9.4% in September, data show
Posted on October 24th, 2009 by Carlo Capomazza
The reason for the rise: Buyers taking advantage of the tax credit for first-time owners before it expires next month. The median price for an existing home was $174,900, down 9% from a year earlier.
Sales of existing homes surged in September as buyers raced to take advantage of the tax credit for first-time home buyers before it expires next month.
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