Boom Mixed Signals
posted by May 24 at 9:34 AMon
Homes sales are way up and home prices are way down. At least, they are in the nation as a whole.
Sales of new homes surged in April by the biggest amount in 14 years, but the median price of a new home dropped by the largest amount on record. The mixed signals left no clear picture of whether the worst of the nation’s housing slump is over.
But here in Seattle, it’s still, for the most part, up and up.