From the Atlanta Journal: Atlanta condo sales fell 88% in second half of 2008.
Demand for condominiums in intown Atlanta has “evaporated,” with just 66 new units sold in the second half of 2008, according to Haddow & Co., a local real estate consulting firm that’s been studying the condo market since 1999.
That’s an 88 percent dropoff from the number of units sold in the first half of 2008. Just 645 new condos sold all of last year — 76 percent below the annual average of the previous eight years.
Those be some mighty impressive statistics, pardner!
Even Sherman didn't go through the South that fast!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment