Home sales were down 39.3% from a year ago but up 2.9% from last month.
There was a 27.7% increase in inventory of homes for sale in January of this year compared with January of last year.
Sales were 36.3% below the ten year average and the lowest January sales since 2009.
The sales to active listings ratio was 6.8% for Single Homes, 11.9% for Town Homes and 13.6% for Condos.
When the sa ...