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Post Info TOPIC: Home Sales Rise in Second Quarter
TW


Learning to Fly

Status: Offline
Posts: 49
Date: Aug 12 12:38:01 2009
Home Sales Rise in Second Quarter


The National Association of Realtors says that sales of homes and condos dropped almost three percent in the second quarter, compared to 2008.  However, sales did rise almost four percent compared to the previous quarter. 

NAR Chief Economist Lawrence Yun attributes the $8,000 tax credit, lower home prices and low interest rates as leading contributors to the turnaround.  



-- Edited by TW on Wednesday 12th of August 2009 12:38:28 PM

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