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IPFS News Link • Housing

Data show housing market starting to recover

• AP

[Now about the Brooklyn Bridge offer?] The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday show.

Sales of previously occupied homes rose for the third month in a row in June, the National Association of Realtors reported. That hasn't happened since early 2004, during the boom.

"The turnaround in the housing market appears finally to be here and indeed may be gaining some speed," wrote Joel Naroff, president of Naroff Economic Advisors Inc.

2 Comments in Response to

Comment by Lucky Red
Entered on:

 You should show that data to the people whose houses are still being foreclosed on.  A buck says they'll disagree with you on that.

Comment by Donna Hancock
Entered on:

Seriously?

I am ashamed to have to belong to the National Assoc. of Realtors



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