From my TeamIrene blog:
Residential and condominium housing market numbers for June 2009 show a 22% and 9% decrease in the number of listings, respectively, from June 2008. Median closed sales prices dropped by 15% for houses and 9% for condos over the same time period.
Note: Remember that homes closing in June probably went off market in April or May, and therefore reflect conditions during those months.
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