Thursday, August 04, 2011

June Seattle Existing Home Sales Highest in 4 Years

DQ News -- "Seattle area's resale market posted the highest sales for the month of June in four years. Existing single-family house and condo sales combined rose 19.6 percent compared with May and increased 5.5 percent from June 2010. That's significant, given that the June 2010 sales were boosted by outgoing federal homebuyer tax credits, which ceased to have a significant impact on the market by the following month, July 2010. This June's 3,822 house and condos resales were the highest since 5,647 homes resold in June 2007."

1 Comments:

At 8/05/2011 4:14 AM, Blogger rjs said...

rest of the story:
sales of newly built homes fell to the lowest level in 17 years as builders struggled with the soft economy and competition from aggressively priced distressed properties.

 

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