2009-06-16buffalonews.com

" Home sales in the Buffalo Niagara region rose from a year ago for the first time in nearly a year in May, as signs of a recovery start to take hold."



Comments:

Jon Elwell at 20:17 2009-06-17 said:
HEADLINE

"Area housing market shows signs of recovery"

From the article: "However, pending sales were down 5.9 percent from a year ago, to 943, and were almost flat with 947 in April. That’s the lowest level of pending sales in May in more than a decade."

The lowest level of pending sales for May in more than a decade doesn't look like a sign of recovery to me....... Permalink

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