Friday, December 31, 2010

Sales of homes increased in November

The sales of homes were increased in November among the large development over the past five months representing a regular improvement into 2011 according to the National Association of Realtors.

The Pending Home Sales Index which is an advance looking pointer increased based on agreements signed in November which improved in October. The information reveals agreements and not finishings which generally happen with a interval of one or two months.

The elevated housing affordability is increasing the sales activity traditionally. The outstanding affordability situations, balanced development in economy are serving to get buyers. However additional gains are required to attain standard level of home sales. The existing home sales and new home sales are expected to increase in 2011.

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1 comment:

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