Supply of Homes on Market Falls to Nearly 7-Year Low

The number of single-family homes listed for sale last month in the Colorado Springs area fell to its lowest point in nearly seven years, while sales rose and prices fell — continuing recent trends in the local housing market.

Home listings in November plummeted to 3,667 — the fewest in any month since 3,557 in January 2005, according to a report released Monday by the Pikes Peak Association of Realtors. Read Article:

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