Tampa Real Estate Market View – New Home Sales – July

August 26, 2009by Cristan Fadal

This morning the commerce department released its estimate on New Home Sales for July.  As anticipated this number rose  to 433K  in July,  from a seasonally adjusted of 395K in June.  The consensus estimates were at 390K.

Sales have now risen for four straight months.  All this being said the median real estate sales price for new homes fell to $210K from a year earlier, down 11.5%.

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