Summary
Apparently, May was the peak of the 2004 resale market. With a record-breaking 13,500 sales of existing homes, May was going to be rather hard to beat.
June resales fell quite short of the mark, with 12,526. That was still good enough to beat June 2003 by 21 percent, but it means that the hottest season of the Washington area's 2004 sales year is now behind us.See the full content of this document
Extract
Blistering Resale Pace Slackens
Sales continue to increase most quickly in markets that are affordable. Double-digit growth in the fir...
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