Sales of previously owned homes in metro St. Louis in September climbed 15 percent compared with the same month last year, according to real estate data compiled by the Post-Dispatch. But they’re still running well behind historical rates, and through the first nine months of the year were 5 percent behind even 2010’s weak pace. Meanwhile prices continue to sag.
Nationwide, sales fell 3 percent from August to September — though they, too, grew compared with last year. This despite near-record-low interest rates and prices that are now at levels not seen since 2003.
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