October brought in only one additional sale over September in the single family residence column but $ volume was lower confirming what we have been seeing and that is prices are still going down. You will also see that same scenario in the condo/townhouse sector. In the builder/developer arena we find closed sales down by 60. How low can it go?
Information provided by Jud Klinger of Datasource (www.datasourcenev.com).
Phil
How low can it go?
Damn I am starting to think BB had it right, and might be called an optimist next year.