METRO HOME PRICES UP

A SEESAW OF SORTS FOR ALBUQUERQUE'S HOUSING MARKET IN THE SECOND QUARTER OF THIS YEAR. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS REPORTS HOME PRICES TICKED UP FROM APRIL THROUGH JUNE BY 4-POINT-1 PERCENT COMPARED TO THE SAME TIME LAST YEAR. AND THE ASSOCIATION SAYS THE AVERAGE PRICE FOR A SINGLE FAMILY, DETACHED HOME DURING THAT TIME WAS JUST UNDER 217-THOUSAND DOLLARS.

BUT GAAR ALSO REPORTS SALES DROPPED COMPARED TO LAST YEAR BY 7 PERCENT, EVEN THOUGH THERE WERE MORE LISTING IN THE SECOND QUARTER OF THIS YEAR.