RALEIGH - NEW HOME SALES UP AGAIN
Raleigh - Triangle new home sales increased to 4,298 during the third quarter, an increase of 2.6% vs. third quarter results in 2005. The median price for new homes in the Triangle rose 6.2% to $222,000 from a year ago. While there has been a 24% decline in building permits issued lot purchases haven’t backed off. Nationally, new home sale during the third quarter were down 14.2% vs. a year ago.
John Fish (919) 696-3474 email: marvmax@mindspring.com Website: www.JohnFish.com
