Thursday, September 22, 2011

Great News for Triangle: 23% Increase in Home Sales over August 2010!

Triangle Multiple Listing Service (TMLS) reports the following information pertaining to the housing industry in the greater Triangle region during August 2011.

Several sales indicators for the region continued with positive gains in August. Closed sales for the month of August exceeded August of 2010 by 23 percent with a total 1,958 homes sold. This is the second consecutive month that sales exceeded those in 2010. Pending sales (homes under contract, but not yet closed) also exceeded last year by 22 percent.  August was the fourth consecutive month that Pending sales exceeded the prior year and we anticipate a continuing trend in September.

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