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REAL ESTATE DECISION SUPPORT
West sees decline in resale homes sold in January
Publish date
02/26/2010
Source
Denver Business Journal
Main Category
Economy - Colorado
Article Summary
The National Association of Realtors reports that the western region of the U.S. (which includes Colorado) experienced a decline in the number of existing homes sold in January. According to the agency, the measure declined 5.2% from the previous month, but relative to January 2008, the measure is an increase of 7.6%. Additionally, the median sale price of $203,400 in the period is a decline from the year-ago measure of 5.8%. The national measure for the period declined by 7.2% but increased from the year-ago measure by 11.5%.
