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National housing numbers

Posted on : 26-08-2010 | By : Sumina | In : Education

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Although most of my focus is on the local numbers, taking a look at what we are doing nationally is also important to figure out what we should be expecting across the nation.

The numbers put out by the National Association of Realtors show that home sales are up slightly and the home buyer credit, which was extended till April 2010, has contributed toward shifting the number somewhat for 2010.

Here is one of the charts reflecting home sales for both new and existing homes since 2004. More info is available here.

image

My takeaway: Although nationally we are not doing as badly as we were in 2008-2009, we still have a while to go on the national level before we’ll be back to ‘stable’. Not normal, but just stable.

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