Housing Sales Down Again
The latest figures from the Windsor-Essex County Association of Realtors say housing sales dropped more than 20% in February.
The association says 271 homes changed hands last month compared to 340 in February 2013. The year-to-date figure shows sales are off 24% compared to this time last year.
While sales are down, the average selling price of a home continues to increase. Prices climbed 6.48% in February compared to the same month in 2013.
The numbers indicate the second straight month of declines after strong sales in the fourth quarter of last year.