Thursday, March 12, 2009


Sales Units Increase as Prices Fall

February statistics show sales on a steady increase, up 19% for the first two months of this year. What's driving this, of course is a fairly steep continued drop in the average price, down 41% in January and February (as compared with 2008). The inventory of properties on the market continues to fall along with the increase sales activity and a slowing of new listings as sellers (who have the luxury) evaluate their options.

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