Wednesday, October 24, 2012

New home sales rise nationally

Wells Fargo Bank's economics team reports that new home sales rose 5.7 percent in September to a 389,000-unit pace. With sales up, inventories remain unusually lean. Prices are also firming. The median price of a new home is up 11.7 percent over the past year.

Our City Properties Group is having a very busy fall season and doing our very best to help the housing market move forward.

For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com. If it's a single family home you are interested in, visit www.sllhomes.com.

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