October Sales Numbers Down from 2015; Median Prices Continue to Climb

|, HOUSING TRENDS|October Sales Numbers Down from 2015; Median Prices Continue to Climb

October Sales Numbers Down from 2015; Median Prices Continue to Climb

November 18, 2016 – The majority of counties reporting sales to the REALTORS® Association of New Mexico (RANM) for the month of October showed fewer sales compared to October of 2015; however, median prices are two percent higher. According to Patricia Fell, 2016 RANM President, “Even with low inventories in many areas, static job growth, and continuing school loan debt preventing potential buyers from saving for a downpayment, New Mexico’s housing industry continues to be a bright spot in the state’s economy.”… read more …

By |2016-11-21T13:36:27+00:00November 21st, 2016|ANNOUNCEMENTS, HOUSING TRENDS|Comments Off on October Sales Numbers Down from 2015; Median Prices Continue to Climb

About the Author: