Saturday, May 10, 2008

Dallas-Fort Worth pre-owned home sales drop 11%

Through the first four months of 2008, home sales are off 15 percent in the area, according to statistics released Wednesday from Texas A&M University's Real Estate Center and the North Texas Real Estate Information Systems.

Home sales prices in April were also down 3 percent from a year earlier.

Last month, real estate agents sold 6,751 pre-owned homes through their multiple listing services. That's down from 7,613 in April 2007 and 7,740 sales in April 2006.