New Home Sales Up Contrary to Other Home Sales News

Economists were surprised by the fast pace of new home sales in January, as reported by the U.S. Commerce Department. Commerce also revised upward its estimate of new home sales in December.

New-home sales race higher in January – Economic Report – Marketwatch.com.

Pace of New Home Sales

We do know that new homes in Flagstaff are selling like hotcakes, but part of that is low inventory for old homes! Learn more about Flagstaff homes by contacting the Elite Team at RE/MAX Peak Properties.

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