Northern New Jersey Real Estate
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New Jersey Contract / Sales Activity Chart

August 3, 2009 by admin · Leave a Comment 

Short article on the recent NJ real estate activity:  With evidence mounting that the national housing market is beginning to show signs of life, New Jersey is experiencing a stronger recovery pace than the rest of the nation.  To illustrate this, consider that national existing home sales rose in June for the 3rd consecutive month marking the first time this has occurred since 2004.  In New Jersey however, home sales have now risen for 6 straight months which last occurred back in 2003 in the midst of a home buying frenzy fueled by the sub-prime lending boom. 

Click on the chart below, and then again in the new window to display full size image.

NewJerseyContractSaleActivity

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