Knoxville MSA Home Sales Just Listed Knoxville.com
Sales of single-family homes increased 7.6% in the Knoxville area, all after seasonal adjustments. The second-quarter improvement halted the decline that had occurred during the fourth and first quarters.
Inventories of single-family homes on the market increased in all three areas, rising 1.3% in Knoxville from the previous quarter. Even after the second-quarter increase, inventories have trended lower since 2010 The recent rise may actually reflect an improving housing market; homeowners who had been on the side lines may have decided the market has improved sufficiently to put their homes up for sale.
Knoxville MSAs home prices rose 1.9%
Foreclosure starts (new foreclosures initiated during the quarter) for Tennessee fell sharply again during the second quarter, falling to 0.39%. This level is much lower than the pre-recession level of 0.5% and is the lowest since 2000. (Knoxville MSA, Anderson, Blount, Campbell, Grainger, Knox, Loudon, Morgan, Roane, Union Counties) Middle Tennessee State University Business and Economic Research Centerhttp://justlistedknoxville.com/
No comments:
Post a Comment