S. California Home Sales Plunge 30% in Sept

REUTERS Tue Oct 16, 2007 3:33pm EDT

By Jim Christie

SAN FRANCISCO (Reuters) - Sales of houses and condominiums in the most populous Southern California counties fell 29.9 percent from the previous month and 48.5 percent from a year earlier, DataQuick Information Systems said on Tuesday.

The report covers the counties of Los Angeles, Orange, San Diego, Riverside, San Bernardino and Ventura and showed a total of 12,455 new and existing homes and condos sold in September, the lowest since the company began recording the data in 1988.
 

Posted by Melissa on October 16th, 2007 filed in Our Economy