Eau Claire, WI - Latest Figures for New Home Sales Rise Year-Over-Year in January After Decline Year-Over-Year in December
Posted on: May 06, 2012 09:24:50 AM
In January, there was an increase in sales of new homes in the Eau Claire, WI market year-over-year, rebounding from a year-over-year decline in December 2011. New home sales moved from none a year earlier to two after the figure moved from five in December 2010 to two in December 2011.
A total of 61 new homes were sold during the 12 months that ended in January, up from 59 for the year that ended in December.
After rising year-over-year in December, sales of new and existing homes fell year-over-year in January.
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Other Market Trends
Foreclosures and real estate owned (REO) sales continued to rise in January from a year earlier and remained a drag on the market. Foreclosures and REO sales, taken together, made up 52.8% of existing home sales, up from 36.1% a year earlier. The percentage of existing home sales involving foreclosures rose to 33.3% in January from 20.4% a year earlier while REO sales as a percentage of existing home sales rose to 19.4% from 15.7%.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in this market area.
Eau Claire, WI - Latest Figures for New Home Sales Rise Year-Over-Year in January After Decline Year-Over-Year in December
Posted on: May 06, 2012 09:24:50 AM
In January, there was an increase in sales of new homes in the Eau Claire, WI market year-over-year, rebounding from a year-over-year decline in December 2011. New home sales moved from none a year earlier to two after the figure moved from five in December 2010 to two in December 2011.
A total of 61 new homes were sold during the 12 months that ended in January, up from 59 for the year that ended in December.
After rising year-over-year in December, sales of new and existing homes fell year-over-year in January.
Other Market Trends
Foreclosures and real estate owned (REO) sales continued to rise in January from a year earlier and remained a drag on the market. Foreclosures and REO sales, taken together, made up 52.8% of existing home sales, up from 36.1% a year earlier. The percentage of existing home sales involving foreclosures rose to 33.3% in January from 20.4% a year earlier while REO sales as a percentage of existing home sales rose to 19.4% from 15.7%.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in this market area.
Source: Housing Intelligence