2012beof-111206092256-phpapp02

8 a revised b estimated c forecast note due to

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 11.2 c 2012 Total 47.1 47.3 48.3 49.1 49.4 48.2 44.2 42.6 42.3 41.8 a Revised. b Estimated. c Forecast. Note: Due to rounding, the sum of the sectors may not equal the total. Sources: Colorado Department of Labor and Employment and Colorado Business Economic Outlook Committee. by buyers who are potentially deferring purchases until they are more confident, and due to limited credit availability for buyers. The NAR reported an 18.6% increase in existing home sales between July and August 2011 for the West region of the nation compared to more modest gains of between 3% and 6% in other regions. Statewide existing home sales, including singlefamily homes and condominiums, were 11.2% weaker in Q2 2011 compared to 2010. Colorado ranked 14th in year-over-year growth, and only six states reported positive year-over-year increases in sales. Sales in Q2 were 0.9% higher than Q1 sales. Metrolist data for the Denver area show year-overyear sales were up 13% in September 2011. Singlefamily inventory levels for existing homes were...
View Full Document

Ask a homework question - tutors are online