State’s October Home Sales Up 2.63 Percent from September, According to UA Center

TUSCALOOSA, Ala. — The latest look at the housing situation in Alabama is now available on the Web.

The Alabama Housing Report, which tracks total home sales on a monthly basis, shows Alabama home sales for October ’09 up 2.63 percent from September and up 12.40 percent from October ’08. The complete report, from The University of Alabama’s Alabama Center for Real Estate, is at http://acre.cba.ua.edu/pdfs/housing_statistics/AL%20Report.pdf

New home construction in October ‘09 decreased over September by 12.9 percent and was 4.1 percent behind October ’08.  The complete New Construction Report can be found at http://acre.cba.ua.edu/pdfs/construction_statistics/New%20Construction%20Report.pdf