Was it merely the cold, wet weather? U.S. brokerage sales continued to be weaker this spring as 3,088 boats were sold in May, 6 percent fewer than in the same month last year.
After higher-volume sales to begin the year, U.S. yacht brokers have reported slightly lower sales in recent months. Volume declined by 82 boats in April as sales slipped from 2,916 to 2,834, a 3 percent shift.
There were smiles on the faces of many brokers during the first quarter this year. After moderate gains in January and February, U.S. brokerage market volume eased slightly in March, but total volume for the three months was 3 percent higher than in 2016 at 5,709.
For the third year running, U.S. yacht brokers reached the end of December with fewer boats sold than the year before.
U.S. brokerage sales volume of 1,858 boats in November was in line with recent years — lower by 11 boats, or 1 percent, compared with the previous November.
U.S. brokerage sales volume in September was 4 percent lower than the previous September.
U.S. brokerage sales reported by YachtWorld member brokers rose 2 percent in August to 2,983 boats from the same month last year, the first monthly uptick since April.