HOME PRICES IN THE ALBUQUERQUE METRO ARE RISING. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS PRICES WENT UP 8-POINT-9 PERCENT LAST MONTH TO 215-THOUSAND DOLLARS FOR AN AVERAGE SINGLE FAMILY HOME.
THE ASSOCIATION ALSO SAYS NEW AND ACTIVE LISTINGS WERE UP COMPARED TO APRIL OF 2013. NEW LISTINGS ROSE MORE THAN 15 PERCENT AND ACTIVE LISTINGS WERE UP JUST UNDER 11 PERCENT. BUT PENDING AND CLOSED SALES DROPPED.
STILL, ASSOCIATION PRESIDENT JOHN KYNOR SAYS THEY'RE ALREADY STARTING TO SEE THE SUMMER HOUSING ACTIVITY … WHICH IS USUALLY HIGHER … INCREASE NOW.
