HOME BUYING ACTIVITY IN NEW MEXICO CONTINUES TO IMPROVE. IN MAY OF THIS YEAR, 16-HUNDRED-22 HOME SALES WERE REPORTED TO THE REALTORS ASSOCIATION OF NEW MEXICO. THERE WERE JUST UNDER 14-HUNDRED IN MAY OF LAST YEAR AND 12-HUNDRED IN 2011.
SO FAR THIS YEAR, SALES ARE UP NEARLY 12 PERCENT OVER THE SAME TIME PERIOD IN 2012. AND THE MEDIAN PRICE OF THOSE HOMES IS ALSO TRENDING UP. IN MAY OF THIS YEAR IT WAS 172-THOUSAND DOLLARS, UP 4-POINT-2 PERCENT FROM TWO YEARS AGO.
