Resale Sales                             

ARMLS-reported sales for November dropped only slightly from the October sales figure with a decrease of 249 sales.  On an annually adjusted basis sales were down 2,030 or about 27% from November 2005.  November sales quantity is typically very similar to those for October, so this quantity is not abnormal based upon the calendar cycle.  In this normal calendar cycle, sales tend to be highest in the summer and then gradually taper off over the next few months before resuming the climb during the first quarter of each year.  The winter months are consistently the lowest in sales.  In-depth Analysis