New home sales up 11% thanks to lower prices, favorable mortgage rates | July 31, 2009 | Danville Express | DanvilleSanRamon.com |


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Danville Express

Real Estate - July 31, 2009

New home sales up 11% thanks to lower prices, favorable mortgage rates

Existing home sales in California for 3rd month in a row, up 3.6%

by Jeb Bing

Amid signs that the housing market is starting to recover, new home sales nationwide rose 11 percent in June from a year ago and existing home sales in California increased by 3.6 percent from the previous month.

This story contains 1012 words.

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