For the second month in a row, the number of homes sold in metro Denver is less than in the same month a year earlier, a sign that buyers are getting pickier as prices continue to rise.

In August, 5,124 homes sold, a decrease of 8.5 percent from the same month in 2016, and a similar drop to that seen in July, when 8.3 percent fewer homes sold than in July 2016, according to data from the Denver Metro Association of Realtors.

Year-over-year drops indicate something more than seasonality. It’s expected…

Source: http://feeds.bizjournals.com/industry_21