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Traffic Jam of Listings

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The always peppy Jonathan Lansner at the OC Register has the October sales figures from the number crunchers at DataQuick. When it comes to Los Angeles, here's the big picture: Actual sales transactions fell off steeply in October (26.2% from a year ago), while home prices stayed flat. "The housing market still has a couple of nasty bottlenecks,” [DataQuick President John] Walsh was quoted as saying in the DataQuick press release." [OC Register]