Baton Rouge home sales fall

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BATON ROUGE [AP] — Home sales in the Baton Rouge metro area fell just 4 percent in August, a tighter margin for a year that’s seen double-digit gaps every other month.

Realtors sold 630 homes compared with 658 in August 2008, and dollar volume for the month was $119.5 million, down 7 percent from $128.7 million.

For the year, sales are down 17 percent to 4,604 homes sold in the first eight months of the year. There were 5,525 sold during the same period in 2008.

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Dollar volume so far for the year is $895.4 million, down 21 percent from $1.13 billion.

The figures are compiled by the Greater Baton Rouge Association of Realtors and make up about 80 percent of total home sales in the metro area.

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