Tuesday, May 27, 2008

Key Housing Stats Today

  • US Home prices fell 14.1% in first quarter of 2008
  • New Home Sales post unexpected 3.3% increase
  • US Median Home price down 4.2%
  • High inventories fell from a 11 month supply to 10 month.

The following news report from MSNBC has more stats... and illustrates the fact that this could be good news for Buyers in DFW!

NOTE: this video is no longer available

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