Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: February Sales of New U.S. Homes Cap Best Two Months Since 2008 

By: oldCADuser in FFFT | Recommend this post (3)
Tue, 26 Mar 13 10:41 PM | 64 view(s)
Boardmark this board | Food For Further Thought 		Msg. 51126 of 65535
(This msg. is a reply to 51125 by clo)
Jump:
Jump to board:
Jump to msg. #

Clo,

And the prices for existing homes are rising as well. According to 'Zillow.com', the value of our home has gone up nearly $30,000 just since the first of the year. It's still got a ways to go before it's back to its pre-recession level but it's heading that way pretty quickly.




Avatar

OCU

» You can also:
- - - - -
The above is a reply to the following message:
February Sales of New U.S. Homes Cap Best Two Months Since 2008
By: clo in FFFT
Tue, 26 Mar 13 6:33 PM 		Msg. 51125 of 65535

February Sales of New U.S. Homes Cap Best Two Months Since 2008
By Lorraine Woellert - Mar 26, 2013 10:00 AM ET ..

Sales of new U.S. houses in February capped the best back-to-back months in more than four years, spurred by near record-low borrowing costs and improving job prospects.

Purchases of newly built homes fell 4.6 percent to a 411,000 annualized pace, following a 431,000 rate in the prior month that was lower than previously estimated, the Commerce Department reported today in Washington. The median estimate of 78 economists surveyed by Bloomberg called for a decrease to 420,000. It was the best two-month showing since August and September 2008.

bloomberg.com

« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next