August home sales in the Baltimore metro area
Home sales dropped 16 percent in the Baltimore metro area last month, compared with a year earlier. That's the second month in a row that buying activity slumped.
It won't be the last, because the number of contracts signed in August -- most of which will show up as sales in a month or two -- was down about the same amount. We've had four straight months of falling contract numbers.
Here's the breaking-news story about August home sales. I'll have a fuller version later.