Healthy home sales.
Position | TRENDS & TRANSITIONS - Brief article |
[ILLUSTRATION OMITTED]
Summer is the busiest time for U.S. home sales, and sellers are expecting an especially brisk season this year. The economy is emerging from the Great Recession, pent-up demand is driving strong sales in several markets, and consumer confidence shows steady improvement.
40%
Share of people who say it's a good time to sell a house, compared to 16 percent in May 2012
$271,600
Median price of a new home in April
10.9%
Rise in U.S. home prices in March over a year ago, the most since April 2006
35.4%
Percentage of U.S. households that rent, up from 34.2 percent in 2009
7.4%
U.S. rental vacancy rate in 2011, down from 8.4 percent in 2009
6%
Share of U.S. "new" houses built after 2004
19.3%
Share of houses built before 1950
39
Number of metro areas where more than 10 percent of...
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