homes sales on the rise: Consumer confidence and home sales on this rise - 08/26/09 10:32 PM
Interesting Information.  Are we seeing a change in the direction of our current market?  read on...
Real Estate News & Commentary by Chris McLaughlin, August 26, 2009
New home sales rise 9.6% in July, the highest in 4 years
According to the Commerce Department, sales of new homes rose 9.6% to a 433,000annual pace in July; this was the highest pace in 10 months. The data points tostabilization in the housing sector which has been in slump since 2005. Themedian price of a new home decreased 12% to $210,100 from $237,300 in July 2008.Sales of new homes were down 13% from … (0 comments)

 

Charles Fischer

Merritt Island, FL

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