Philadelphia real estate rebounds

January 8, 2009

Philadelphia saw a rebound of real estate activity in November... down from a low point during the very height of the financial meltdown in October.

Sales increased 24-percent from October to November.

But the figure's still 23-percent below what it was at the same time the year before.

Nationally, sales decreased 4-percent during the same period.

The Northeast overall was down just a little more than 7-percent.

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