Tuesday, March 17, 2009

HTN: Home Sales, Prices Drop

Home sales in the Buffalo-Niagara region dropped by 23-percent last month compared to February of last year. It's the second straight month of double-digit decline in the housing market. January sales were off 17-percent from 2008. Home prices are also on a downward trend. The average sale price in February dropped seven-percent, down to under 110-thousand-dollars.

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