Slow to rise, slow to fall

It is no secret that the U.S. housing market has slowed over the last two years. In some parts of the country, it is jammed up worse than a Los Angeles freeway on a Friday afternoon.

New York state has felt the affects of the lurching real estate market, and sales have slowed in most counties since 2005. That includes Cayuga County, where recently released statistics from the state Realtors association show that single-family home sales have been on the decline for the past two years.

Yet, those numbers have not fallen at the same rates as those seen by some of the hardest-hit regions in the state and across the country. And despite the drop in sales, housing prices in the county are up since 2005.