Posts Tagged ‘home sales up’

Critics be damned. Home sales up, prices down

Posted on November 10th, 2009, by DHW

Critics of the Housing Tax Credit were quieted, if only briefly, when the National Association of Realtors (NAR) released data for third quarter home sales. According to the trade group, home sales increased by nearly 6% over this same time last year. Despite the spike in sales, prices have fallen more than 11% during the [...]

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September Pending Home Sales Index up 6.1%

Posted on November 2nd, 2009, by DHW

The National Association of Realtors reported that its Pending Home Sales Index was up 6.1% in September to 110.1 from a reading of 103.8 in August.
First-time buyers taking advantage of the $8,000 tax credit are believed to be behind the spike in sales.  The group says sales are up 21.2% year over year.
DHW asks: Do [...]

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