Monday, January 27, 2014
Builder: new home sales are 13.1 percent of total home sales
According to Builder magazine, new home sales were 13.1 percent of total home sales in October 2013, up slightly from 12.8 percent in September 2012. While up, new homes as a percentage of total sales is significantly lower than other markets like Charlotte and Columbia, where the new home sales market share is closer to 20 percent.
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