NATIONAL FEBRUARY SALES FIGURES

April 13th, 2009

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The national February sales figures show that

  • Existing sales rose 5% from January to a 4.72 million annual rate
  • Months of supply increased slightly to 9.7 months

How does that affect Maui real estate? Directly it doesn't at all. But both of these data points seem to indicate that we are at or near a bottom.