HOME SALES ACROSS NEW MEXICO ARE STILL STRONG … AND THAT’S DESPITE HOME BUYERS DEALING WITH LOW INVENTORY, HIGHER PRICES AND HIGHER MORTGAGE RATES. THE ALBUQUERQUE JOURNAL REPORTS THERE WAS A 28 PERCENT INCREASE IN HOME BUYING LAST MONTH COMPARED TO MAY OF LAST YEAR.
THE JOURNAL SAYS, YEAR-TO-DATE, NEW MEXICO RECORDED 12-THOUSAND-148 TRANSACTIONS FROM JANUARY TO MAY … UP 32 PERCENT FOR THE SAME PERIOD LAST YEAR. THE MEDIAN PRICE FOR A HOME LAST MONTH WAS 201-THOUSAND DOLLARS.
THE REPORT COVERS SINGLE FAMILY RESIDENTIAL DATA.
