Keller WIlliams Luxury Logo
Home » Home Sale Rise Helps Offset Gloomy Jobs Data

Home Sale Rise Helps Offset Gloomy Jobs Data

by | Apr 2, 2009 | Hawaii Real Estate | 0 comments

Pending sales climbed at a seasonally adjusted rate of 2.1 percent in February from the previous month, according to the NATIONAL ASSOCIATION OF REALTORS®, up from an all-time low.

Double-digit gains in pending sales were posted in the Midwest and Northeast, and the report also shows home prices pushing the group’s affordability index to record heights.

However, other economic reports show the loss of more than 600,000 jobs in March and a 4.1 percent, month-to-month decrease in residential construction spending in February.

Source: New York Times, Jack Healy

Recent Posts

June Market Statistics for the Kohala Coast

June Market Statistics for the Kohala Coast

Real estate activity along the Kona-Kohala Coast was quiet in June, with only a few condominium sales and no single-family home sales within the resort areas. The exception was Mauna Lani Resort, which was the bright spot with six condominium closings. Mauna Kea...

read more
Featured Big Island Restaurant & Activity for August

Featured Big Island Restaurant & Activity for August

Featured Activity: A Day Trip to the East Side – Explore ʻImiloa Astronomy Center Located on the University of Hawaiʻi-Hilo campus, ʻImiloa Astronomy Center is a must-visit destination for anyone curious about the stars, Hawaiian culture, and the art ofnavigation....

read more
May Sales Statistics for the Big Island Resort Areas

May Sales Statistics for the Big Island Resort Areas

Apart from condominium sales in Mauna Lani and Waikoloa Beach resorts, real estate activity along the Kona-Kohala Coast was light. Mauna Lani Resort led the market with six condominium sales, followed by three in Waikoloa Beach Resort and one in Mauna Kea Resort....

read more
The Leverage Is Yours, For Now.

The Leverage Is Yours, For Now.

By Dan Polimino The slow season in Hawai`i is May 1 through November 1. There is usually is a little bit of an uptick in activity in the summer months of June, July and August based on summer vacation travel. But, for the most part tourism is down, sales transactions...

read more

Recent Listings

Call Now