NEW YORK (CNNMoney)
The National Association of Realtors reported that previously-owned homes sold at an annual pace of 4.92 million homes, 9% higher than this time last year.
Home prices were up 12.3%, taking the median to $173,600. That marked the biggest percentage gain since January 2005.
The price rise is being driven by tight inventories, increased demand from buyers, and a drop in sales of distressed homes, such as those in foreclosure.
Related: Playing the housing rebound
There were 1.74 million previously-owned homes on the market , equal to only about a four-month supply at current sales levels. It's the tightest inventory of homes on the market since 1999.
And distressed home sales made up only 23% of January sales, compared to 35% of sales a year ago.
The housing market has been helped by a number of factors in recent months, including near record low mortgage rates and a drop in the nation's unemployment rate.
Home construction has also been improving -- builders filed for the greatest number of building permits in more than four years in January.
Even if you're not trying to sell your home, the improvement is good news: It is an important driver of overall economic growth.
First Published: February 21, 2013: 10:34 AM ET
Anda sedang membaca artikel tentang
Housing rebound continues with strong sales and price gains
Dengan url
http://bolagaya.blogspot.com/2013/02/housing-rebound-continues-with-strong.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Housing rebound continues with strong sales and price gains
namun jangan lupa untuk meletakkan link
Housing rebound continues with strong sales and price gains
sebagai sumbernya
0 komentar:
Posting Komentar