Home sales have now posted year-over-year gains in each of the last nine months. But in almost all of those months, the number of homes for sale has declined.
The number of contracts signed for new home purchases in the Golden State dropped nearly 8% last month as the inventory of homes for sale remained tight, according to a real estate group. Read Post
The grim news from the government today was that sales of new homes are down 32.8 percent from a year ago. The government also said that new home sales had decline 0.6 percent since April. The inventory of new houses for sale now ... Read Post