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Homebuyer tax credit helps drive sales spike in Capital Region housing market

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The Capital Region housing market improved in March, as the number of listings, purchase contracts and closed sales all increased, the Greater Capital Association of Realtors said Thursday. For existing single family homes, there were 506 closed sales in March, up 17 percent from March 2009. The median value was $167,800, down 1 percent from March 2009. For new construction as well as resales, the median value in March was $174,800, down 3 percent from ...


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