This news puzzles me. Housing sales in the Northeast in April were up 43% over March, while they were down 28% in the Midwest, 25% in the West, and 3% in the South. At the same time housing prices in April were down 11% from March nationally (I wish they had given the regional numbers for price changes, too).
Meanwhile, here’s an article about a couple who are suddenly in a real mind, more even than they seem to realize, because of dropping real estate prices. There are a lot of interesting numbers to ponder here.