sales: New Construction Homes Sales Increase
- 03/27/09 04:55 AM
In February, new construction home sales increased to 337,000 units from 322,000 in January. This represents an increase of 4.7%. This was the first increase in new construction sales since July, 2008. Affordability undoubtedly played a pivotal role in the increase. The median sales price in February 2008 was $245,000 compared to a modest $200,900 this February. We must be near the trough of this economic landslide by now. Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs! … (0 comments)
sales: New Home Sales INCREASE!
- 10/28/08 04:12 AM
The U.S. Commerce Department reported today that month over month sales of new homes rose 2.7% to 464,000 units in September. This was a huge development, considering most analysts had expected a drop from August. The decline on a year over year basis, however, was more significant as home sales were 33.1% below year ago levels. Perhaps bargain hunters are responsible for the monthly increase.The median home price dropped by 9.1% to $218,400, a level not seen since September 2004. There are BUYING opportunities out there folks! Contact you loocal REALTOR now! Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for … (0 comments)
In February, new construction home sales increased to 337,000 units from 322,000 in January. This represents an increase of 4.7%. This was the first increase in new construction sales since July, 2008. Affordability undoubtedly played a pivotal role in the increase. The median sales price in February 2008 was $245,000 compared to a modest $200,900 this February. We must be near the trough of this economic landslide by now.;)
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