October 10, 2011 – The REAL Trends Housing Market Report showed that the combination of new and existing home sales in September 2011 increased on an annualized basis from both September of 2010 and from August 2011. The annualized rate of home sales increased from 4.901 million in August 2011 to 5.094 million in September 2011 and increased from an annualized rate of 4.637 million in September of 2010.
The average price of homes sold in September 2011 declined by 1.2 percent from September 2010. This is the fourth consecutive decline in the average sales price but was the smallest decrease in three months.
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