by The Associated Press, Oct 23, 2009
NEW YORK (AP) -- Home resales in the Northeast posted the biggest annual increase of any region in the country last month, reflecting a more stable market than September last year when financial markets were roiled.
The nine-state region registered 81,000 home resales last month, up 11 percent from a year ago, the National Association of Realtors said Friday. The median price, however, fell 7 percent to $234,700.
Nationally, sales of existing homes jumped almost 8 percent from September last year, without adjusting for seasonal factors. The median sales price declined 8.5 percent to $174,900.
Full Article here: http://www.nytimes.com/aponline/2009/10/23/business/AP-US-Home-Sales-Northeastern-Cities.html
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