Both measures below the 10-year September averages; Prices relatively stable, low inventory playing a role
OVERVIEW
Sales activity has slowed in the Baltimore Metro Area housing market as we end September. All property segments posted lower than average sales for the month, which could be an early sign that demand has weakened. New contract activity is also down relative to the 10-year September average. Despite the slower growth, sales activity, new contracts, and median sales price are all above their September 2011 levels, and in many cases are at multi-year September highs, which indicates a...