grigoriynirim.blogspot.com
percent in May, according to figures releases Tuesday bythe . The residential market was on pace to closew saleson 4.77 million units of existing including single family houses, townhouses, condominiums and co-ops, in 2009. That is 3.6 percent lowerr than the 4.95 millionn unit pace set in May 2008. The May figures showexd a modest uptickfrom April, when homez sold at an annual pace of 4.66 million NAR, based in Chicago, attributedf the bump between April and May to lower home pricew and an $8,000 federao tax credit for first-time home buyers. First-timee buyers accounted for 29 percent ofall transactions, 10 percentager points higher than a year ago. The markety continues to favor buyers.
There were 3.8 millioh homes for sale in May, enough to satisfy demand for 9.6 well above the six-month levell the NAR says indicates a market is in Inmetro Portland, there were enough homexs to meet demand for 10.2 months in May, accordinyg to the Regional Multiple Listinv Service.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment