Friday, July 11, 2008

Dallas-Fort Worth pre-owned home sales down 20% in June

Hot summer weather isn't heating up the North Texas home market.

June sales were down 20 percent from a year ago. And for the first six months of 2008, the number of pre-owned houses sold in the area is off 15 percent from the same period last year.

The good news: Prices are holding up relatively well.

North Texas real estate agents sold 7,371 pre-owned homes last month, the North Texas Real Estate Information System and Texas A&M University's Real Estate Center reported Monday.

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