Las Vegas Home Sales Double

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September sales of existing single-family houses in the Las Vegas region more than doubled from a year ago as the median price paid for those homes dove 31%. Foreclosures rose to 82% of all resales, a real estate information service reported.

While the number of single-family houses resold in September shot up 123% from a year ago, the increase in overall transactions was more modest thanks to declining sales for newly built homes. ...