Business

November home sales down slightly from October

November new and existing home sales in Wichita were up 233 units compared to the same month in 2008, a month in which the impact of the national economic slowdown was felt.

But sales were down 39 units from October, as momentum slowed from the first-time homebuyer tax credit, according to figures released Thursday afternoon by the South Central Kansas Multiple Listing Service and the Wichita Area Association of Realtors.

New home sales were almost steady in November, down only three units from October and from November 2008 at 91 units. A total of 710 existing homes were sold in November, far above the 474 sold in November 2008 but down 36 units from October.

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