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North Texas home sales down for 18th straight month

North Texas home sales are down for the 18th month in a row, compared the same month the year before.

The 7,394 postings in July were down 16 percent from July 2007, according to figures from the North Texas Real Estate Information System. The area is a 29-county area that stretches from north of Waco to the Oklahoma border.

Ten of the past 18 months reported double-digit drops.

The median price of a home, $154,640, is unchanged from a year ago.