Tuesday, June 23, 2009

new US homes in May: modest rise

According to the National Association of Realtors, in May, sales of previously owned homes rose 2.4% to an annual rate of 4.77 million, up from 4.66 million in April. This means that sales have risen for a second month in a row in but at a slower pace than expected pace.

House prices in May were down 16.8% compared with May 2008 and the average sale price was $173,000 ($207,900 in May 2008).

No comments:

Post a Comment

Hi there,

Feel free to comment.
Only suitable comments will be posted.
In EN, FR, GR, D, IT, SP, NL only (Use Google Translate otherwise SVP).

Thanks.
BRs
Nick

Share/Bookmark