Existing home sales, prices fall in October

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WASHINGTON – Existing home sales fell last month nationwide and in the Northeast but remained above their lows earlier this year, according to the National Association of Realtors. Prices, however, fell sharply compared with a year ago, dragged down by foreclosure and other distressed-property sales. U.S. sales of existing single-family houses, townhouses, condominiums and co-op…

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