Existing home sales across
Western states up nearly 43 percent in Sept. versus
a year ago.
Two reports say heavy discounting
on foreclosed homes and low interest rates continued
to power a homebuying spree across the West in
Sales of existing homes in the
region soared at an annual pace reminiscent of the
days of the housing boom. About 100,000 existing
homes and condos were sold last month in the
The National Association of
Realtors says that without adjusting for seasonal
factors, sales were up nearly 43 percent from the
same month last year. They declined 9.6 percent
versus August's total.
The data includes all home sales
recorded in the metro area by all local agents,
regardless of company affiliation.