We’ve already done the March numbers to death, but the late story from Inman News caught my attention for its amusing headline and subtitle:
Northwest real estate sales slide
Inventory growth helps lift home pricesHome sales in western Washington fell 9.1 percent in March from a year ago, as prices posted another month of double-digit gains, according to the latest figures from the Northwest Multiple Listing Service.
That’s some pretty interesting logic. Increasing supply and decreasing demand "helps lift home prices." It would seem that more appropriate subtitle would have been "Prices up despite increased inventory." But hey, that’s just me.
(Inman News, 04.18.2006)