Orlando House Sales Decline in August 2009

After showing what can only be described as a meteoric rise in houses sold in the Greater Orlando area — more than doubling from the first of the year — sales took a slight dip in August 2009.

While this isn’t necessarily a worrisome result, especially when compared to anemic levels a year ago, it begs 2 questions.

Could this be a sign that sales are merely seeing the summer doldrums?

~ OR ~

Could this be the beginning of a declining trend?