Dip in Oahu's April median home price not unusual, Honolulu Board of Realtors says

In April, the median price for single-family homes on Oahu dipped slightly to $712,000 from $720,000 last year, which Honolulu Board of Realtors President Sue Ann Lee said is not unusual for this time of year. “Historically, there have been dips from March to April in 2016 and 2015, so this isn’t necessarily an anomaly,” Lee told Pacific Business News. “It’s cyclical, and depends on what is coming on to the market.” Lee said there still is not enough inventory to keep up with demand…

from DIYS http://ift.tt/2q0atji