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January 2007 Home Sales Report

“The January 2007 Residential Home Sales statistics show a slowdown in the housing market in the Greater Albuquerque area compared to last January. We’ve seen a 21% decrease in
sales for January 2007 versus January of 2006,” said Scott Dean, Chairman of the Albuquerque Metropolitan Board of REALTORS®, “The Albuquerque Resale Housing Market has slowed down,
with an increase in housing inventory over last year, but unlike many areas around the country, resale home prices continue to move upward in the Albuquerque market,” concluded Dean.

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