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Trend March Market Report Shows Continued Slow Sales, Home Prices Up

Trend is out with their March Market report and here is the summary:

We saw a slowing of the housing market in the fourth quarter of last year and that trend has continued through the first quarter of this year. Sales in March were down 9% from last March and are down 6% year-to-date. Pending sales are also lagging behind last year. Although sales have been down, prices continued to increase. Year-to-date Median Sale Price is up 2.2% and the Average Sale Price is almost 6% above 2013.

You can see their video report here:

While sales were down, appointments were up showing higher market activity and home prices were up as well:

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