The June 2012 report shows that the rate of housing sales increased strongly on an annualized basis over a year ago. Overall, June 2012 new and existing unit sales were up 7.5 percent from a year ago. The annual rate for June of 2012 was 5.010 million down somewhat from the 5.197 million in May of 2012.
The average price of homes sold increased significantly rising 4.04 percent from June 2011 to June 2012.
July 13, 2012 – The REAL Trends Housing Market Report showed that the combination of new and existing home sales in June 2012 continued to strengthen from the prior year. The annualized rate of the combination of new and existing home sales increased to 5.010 million up from the 4.659 million recorded in June 2011.
The average price of homes sold in June 2012 was up 4.04 percent from the average price of homes sold in June 2011 marking the third consecutive month of increased home sale prices.
Members can read the full report here: http://www.realtrends.com/analytics/housing-market-report