Homes on the Market have hit a 16 year high, as declining sales and growing problems helped push home prices down for 12 straight month.  sales by homeowners slipped down 0.2 percent.  number of homes for sale jumped 5.1 percent, there is a 9,6 month supply of homes for sale, which is currently up from 9.1-months in the june reading.  the measure is the biggest since october 1991.  economists are expecting more weakness in the upcoming reports which are due this fall

 
Posted by Tony Saco on 08/27/2007 10:05 AM   Comments (2)   homes, prices, sales  

2 Comments on Prices Drop has Homes for Sale Rise

AUG
27
2007
104,117 Points 5 Featured Posts Outside Blog
Are your stats national or regional? 
10:18am • #1
national. sorry i should of put that that in
11:28am • #2

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Tony Saco

Sterling Heights, MI

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