HOME SALES ACROSS THE U-S AND IN NEW MEXICO ARE UP FOR THE MONTH OF JULY. NATIONALLY, THE INCREASE IN SALES WAS 12-POINT-4 PERCENT. AND SINGLE FAMILY DETACHED HOMES IN ALBUQUERQUE LAST MONTH SOLD FASTER THAN FOR THE SAME MONTH IN THE PREVIOUS YEARS.
IT MEANS BUYERS IN ALBUQUERQUE HAVE TO MOVE FASTER ON SECURE A HOME … AND MAY HAVE TO PAY MORE FOR THAT HOME. THE YEAR-OVER YEAR MEDIAN HOME PRICE IN ABQ IS UP 3-POINT-2 PERCENT TO 189-THOUSAND-900.