As we approach the second half of 2008 we continue to see market improvement. We see the total unit sales continue to rise for the sixth consecutive month while the active listings continue to decrease. Home sales volume as well as average sales price is still on the rise.
We also see improvements quarter over quarter with increases in sales volume and reduction in average sales price, which continues to reflect a buyers market. Modest near-term movement is expected in existing-home sales, with a recovery in sales seen during the second half of the year, according to the latest forecast by the National Association of REALTORS®.
See a snapshot of sales by clicking on the title of this article.
# posted by
Anna-Lise Troup @ 3:24 PM