Tuesday, January 5, 2010
Pending Sales in Hoboken and Downtown Jersey City Beat National Average For November
The National Association of Realtors says its seasonally adjusted index of sales agreements fell 16 percent in Novebmer. It was the first decline following nine straight months of gains and the lowest reading since June.
Hoboken pending sales increased 3.9% and downtown Jersey City pending sales increased 2.19% during this same period, showing further evidence that these areas continue to rebound.
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Search MLS listings for free at: www.hobokenjerseycity.com
Has the market stabilized?
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