COLORADO SPRINGS, Colo. (KOAA) — It appears the government shutdown had a major impact on the Colorado Springs housing market, according to one local expert.
New data from the Pikes Peak Association of Realtors shows new listings for homes in the Colorado Springs area dropped 36 percent from October to November.
"I think that primarily had to do with the government shutdown," PPAR Board President Windy Bailey said of the decrease in active listings. "There was a lot of uncertainty, but at the same time, you look at a lot of government employees that were furloughed during that timeframe."
Bailey adds that new listings may not catch up until the middle of December because moving companies are likely waiting for military contracts to go through. While there was a big decrease, year over y

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