New Home Sales Reach 8-Month High
The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.
The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.
After improving 1 percent in August, New Home Sales popped another 7 percent in September. It's no wonder homebuilder confidence is at a 5-month high.