Condo, co-op sales dip in 3rd quarter
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From staff and wire reports
Sales of existing condominiums and cooperatives slipped in the third quarter of 2002 nationwide but remain on track for a new annual record, according to the National Assn. of Realtors.
Existing condo and co-op sales eased 1.3% to a seasonally adjusted annual rate of 815,000 units in the third quarter from 826,000 units in the second quarter. Sales remained 5.4% above activity in the third quarter of 2001.
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