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Updated: 2010-01-25
December Existing-Home Sales Down but Prices Rise
Overall 2009 sales up; first annual gain since 2005
The national median existing-home price for all housing types was $178,300 in December, which is 1.5 percent higher than December 2008. “The median price rose because of an increased number of mid- to upper-priced homes in the sales mix,” Yun said. It was the first year-over-year gain in median price since August 2007.