As of Noon 05/09/2007, the MLS is reporting 2,223 sales for April 2007. This comes in almost exactly at 15% fewer sales than reported in the MLS during the same period of 2006.
For the first 4 months of the year, this region is down by about 15% when compared to 2006. Maybe it’s just me, but I’m just not seeing a rally in progress.