Home Sales Plummet to 10-Year Low

Summary


Southern California's housing market remained in the doldrums during October, sinking to a 10-year low for that month as prices continued to flatten, an industry tracker said Tuesday.

Last month consumers in the six-county region bought 22,117 new and previously owned houses and condominiums, 22.4 percent fewer that a year ago and off 2.4 percent from September, said La Jolla- based DataQuick Information Systems.

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Extract


Home Sales Plummet to 10-Year Low

October's total is the lowest for the month since 1996, when 18,50...

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