Raleigh Real Estate Professional

July 27, 2009

New Homes Sales Show Huge Increase in June!

Filed under: Real Estate — admin @ 11:04 am

Sales of newly constructed homes increased 11% in June, a far greater increase than was anticipated by economists.  Although the number of new houses sold was still 28% less than new home sales in June last year, the 11% increase is evidence that consumer confidence is slowly returning and the market has probably reached bottom.  This is a great time to buy in the Raleigh/Wake County market - there’s lots of inventory to choose from - Tina

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