Sales of newly built homes shot up 27 percent in March — the largest monthly gain in nearly five decades — as mild weather and a lucrative tax credit pumped up demand for homes in all four regions of the country, according to federal data released Friday.
The Commerce Department reported that new-home sales jumped to [...]
Posts Tagged ‘homes available for sale’
Sales of new homes rocketed up 27 percent in March
April 24th, 2010 by Mortgage Writer
Tags: commerce department, economic recovery, economy, homes available for sale, mortgage, mortgage rates, US Economy
more...Discussing Broader Implications
November 24th, 2009 by Mortgage Writer
In last month’s report from the NAR, existing-home sales jumped 9.4 percent to an annual rate of 5.57 million units in September from a level of 5.10 million in August. Sales activity was at the highest level since hitting 5.73 million annualized units in July 2007. Total housing inventory at the end of [...]
Tags: current sales, home price, homes available for sale, traditional homes
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