We recently posted the Flagstaff Homes Sales statistics. While Flagstaff saw a small tick up in home sales from July, nationally sales are down a bit. Interest rates are still at a record lows, however inventory is down and that has driven prices up. In August the country saw a decrease of 0.9% in closed sales from July. We are still, however, 0.8% higher than August, 2015. The median house price is up 5.1% from this time last year. Follow the link below to see the full article from The National Association of Realtors.