Well, it sure looks like some sort of housing market recovery is underway.
The Warren Group reports that single-family home and condo sales increased by by double-digit percentages in March, pushing up overall first quarter numbers to their highest levels since 2007.
But, ah, there’s always a catch, isn’t there? Single family sales may have been up 20 percent last month, but prices were still off 3.3 percent. Condos had a great month, no matter how you look at it, as sales rose 11 percent and prices were up 15 percent.
Okay, so it’s one month — and one quarter. This winter’s warm weather must have helped too.
But, still, the market seems to be improving.