ABQ home sales hit 12-year high

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Albuquerque’s housing market continues its hot streak, hitting a 12-year high in October.

Pending sales hit a 12-year high at the end of October, reports the Greater Albuquerque Association of Realtors, with both home sales and homes under contract surpassing 2017 year-to-date totals. Home inventory remains at historic lows with nearly 1,500 new listings added for October, according to GAAR.

“Reduced levels of homes for sale has not slowed down the record sales activity we have seen going into…

Source: http://feeds.bizjournals.com/industry_21