17 saw yearly sales price increases, including Detroit
(13.4%), Miami (8.4%) and Orlando, Fla. (7.8%).
Home sales nationally went up 7.6% from September 2010 with increases in
44 of 53 markets, including Des Moines, Iowa, (31.3%) and Minneapolis
(30.1%). Single-family home, condo,
townhouse and co-op inventory was down 3.27% from August and down 20.09% from
September last year, according to Realtor.com.
This year-over-year decrease could mean a return to seasonal patterns
and higher prices in the coming months, though markets are still fragile and
could weaken in bad economic conditions.
Friday, October 14, 2011
Prices Up, Listings Down, in Many Markets
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