May home sales numbers up and down
June 3rd, 2008 at 06:56pm Alex Gary
Realtors sold 455 houses in May, that was a more than 30 percent increase from April, but still lagged May 2007’s total by 27 percent.
The month-to-month increase was the largest percentage jump since May of 2007.
The average sale price through May was $138,193, also down more than 3 percent from May 2007’s average of $142,778.
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1 Comment Add your own
1. Alexander SuperTramp | June 3rd, 2008 at 9:59 pm
I think this 3 percent drop is the tip of the iceberg, this slowing market is only going to get slower…..Of course the realtors are already spinning this as “a great time to buy”.
Houses could be on fire and Realtors would be chirping “Its a great time to buy!”
They have no credibility
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