WASHINGTON — Sales of existing homes grew by 5.5% in September, but were only 1.1% higher than in September 2007, the National Association of Realtors reported today.
There were 5.18 million existing homes sold in September, compared with 4.91 million in August and 5.11 million in September 2007.
The association reported that September was the first time since November 2005 that sales were above the levels of the same period the year before.
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