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November 11, 2008 1:05 PM

Charlotte home sales suffer another 30-plus percent slump

The number of closings for houses, townhouses and condos fell almost 31 percent last month, compared with October 2007. That marks the 17th consecutive month of double-digit declines and the third time this year the sales decline was above 30 percent, based on figures released today for transactions through the Carolina Multiple Listing Services.

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