The Warren Group just released their August home/condo sales data. First, the good news. Single family homes sales volume is up to 4,480 compared to last August’s 4,390 or roughly 2%. Now, the bad news. Condo sales volume slipped 8.3% from 2,306 last August to 2,114 this August.
Even with that bad news, there is a light at the tunnel. According to Timothy Warren Jr. we have seen the declines of both sales prices and volume ease a bit over the past couple of months.
