The final results from July show a 19.4% decrease in closed sales compared with July 2007. Further, pending sales dropped 31.9%, and new listings slid 10.4%. At the month’s rate of sales, the 2,632 active residential listings would last approximately 8.8 months.
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For Further information Please click on the following link:
http://www.web2real.com/2008JulyMarketReportLane.pdf
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