News Article From: 12-20-2012
Resale Sales
ARMLS-reported sales for November rose a little over 8% from the October sales figure with a decrease of 210. On an annually adjusted basis sales were down 337 or about 5% from November 2011.
The November sales quantity is typically a little less than of October, so this change follows the normal calendar cycle. In the normal calendar cycle, sales tend to be highest in the summer and then gradually taper off over the next few months before resuming the climb during the first quarter of each year. The winter months are consistently the lowest in sales.
Copyright® 2012 - This information is compiled and written by Ultimate Information Systems, Inc. Use of this article, in part or in its entirety, is expressly prohibited without written permission. Click here to request limited rights to reuse this information.
|