Worst August for home sales in 15 years
Worst August for home sales in 15 years
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Prices drop in most Southland ZIP Codes, and the number of sales is the lowest in 15 years for that month. Home prices fell in most Southern California neighborhoods and the number of sales tumbled to a 15-year low for August -- driven down by tougher lending standards, mounting foreclosures and skittish buyers. |
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News entry number 1637 added on Sep 13, 2007 in the Business News category.
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