According to the RE/MAX National Housing report, a monthly
survey conducted by the realty company, September was a banner
month for the housing market. Compared to figures from the same
period last year, both the number of sales and the median price of
the average new property have risen.
The markets saw a 0.5 percent increase in closings compared to
September 2011. Despite the increases from last year, the survey
did highlight a 17.5-percent drop from August to
September of 2012. However, in a press release from the company,
CEO Margaret Kelly pointed out that this kind of decrease is normal
as closings tend to slow down annually going into the fall.