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Northeast home sales, Manchester-Nashua shows price gains

Northeast

Regionally, existing-home sales in the Northeast surged 16.7% in the third quarter to a pace of 930,000 units and are 6.9% higher than a year ago. The median existing single-family home price in the Northeast declined 9.4% to $244,500 in the third quarter from the same quarter in 2008. The best price gain in the region was in Buffalo-Niagara Falls, N.Y., where the median price of $119,700 rose 4.8% from the third quarter of 2008; followed by Manchester-Nashua, N.H., at $237,600, up 2.6%; and the Pittsburgh area, where the median price rose 1.5 percent to $124,600.



Read more: http://rismedia.com/2009-11-15/existing-home-sales-surge-in-many-states-in-third-quarter-metro-prices-moderating/#ixzz0XVbZC9O4

Published Saturday, November 21, 2009 11:46 AM by Cindy Surette

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