The Real Estate Market has posted another Hot Month as The Commerce Department report showed the median sales price of a new home rose 3.8 percent year-over-year to 230,800 dollars.
New data Wednesday showed sales of new US homes edged up 0.2 percent to a seasonally adjusted annual rate of 1.316 million, an all-time record and above most economist forecasts. Once again this news stoked the fires of the bubble conspiratorialists while the people who bought despite the naysayers are enjoying their new homes and some new found equity too. More
Hi,
I recently posted a poll on my blog directly related to this entry, FollowSteph.com asking what the state of the real estate market is today (booming, stagnating, busting). The results so far have been very interesting.
Please feel free to visit and place your vote now!
Regards,
Stephane Grenier
http://www.FollowSteph.com
Posted by: Stephane Grenier | June 28, 2005 at 12:35 PM
The real estate market is currently particularly solid in Paris/ France. Since 1997 the prices have constantly risen and interest rates are still very low. I regularly publish real estate market reports on my English reception page with many details about the most interesting districts: http://www.khs.fr/index2.cfm?langue=EN
Posted by: Schabmuller | August 7, 2005 at 12:37 PM