Sales of existing homes rose 10% sequentially in September to a seasonally adjusted annual rate of 4.53 million units, but were down 19% compared to the same month a year ago, according to figures compiled by the National Association of Realtors (NAR).

The trade group reported that although sales are headed in the right direction, prices are not. The national median existing-home price fell to $171,700 in September, a 2.4% decline from the same month last year.

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