Prices Send Buyers to Town Houses

Summary


November sales were about what you'd expect: lower than October (which happens every year) but higher than November 2007. About 5,400 existing homes were sold last month, 18 percent more than last November. Compared to 2004, when the market was at an all-time high, November sales were down by 44 percent.

However, when you study November sales data more closely, you find that one type of home did quite well compared to the others. It seems that many buyers are more interested in town homes these days.

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Extract


Prices Send Buyers to Town Houses

For example, November settlements were up in Prince William Cou...

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