September existing home sales climb 9.4%, highest since '06


Home sales increasing for the fourth month in a row in September as the housing market benefits from low interest rates. Mortgage rates are Still hovering at or near record lows, existing home sales rising 9.4% from August, according to the National Association of Realtors. And compared with a year ago now, home sales were up nearly 21% of this fast pace of home sales quickly dwindling the remaining supply of homes on the market of course of supply and affordability. The big issues here in Los Angeles market on

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