According to the just-released RL Brown Phoenix Housing Market Letter, Phoenix home sales numbers are up across the board.
Compared to the first 8 months of last year (2004), residential resales are up 27%, new home sales are up 18.8% and residential building permits are up by 6.6%.
With the new high for the average price of a Phoenix home (see my earlier post), the real estate market here is apparently still healthy and strong.
Richard
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Richard