Friday, January 23, 2009

Austin home sales down 21% in Dec.

From Austin Business Journal, January 20, 2009...

December 2008 single-family home sales in the Austin metro area were down 21 percent compared with the same month last year, while mediam prices declined 4 percent compared with December 2007, according to research from the Austin Board of Realtors.

But the drop in single-family home sales for December isn’t as severe as the 40 percent drop in sales logged in November 2008 as compared with November 2007.

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