SoCal sales soar 65%; prices sink 33%

Real estate brief

Inman News

Southern California home sales soared a record 65 percent in September from the record lows during the same month last year, according to real estate data company MDA DataQuick, with resales of foreclosure properties accounting for half of all transactions. The median home price, meanwhile, plunged 33.2 percent year-over-year in September.

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