May State Housing Report Posted at UA Real Estate Center Web Site

June 25, 2009 - Filed under: Announcements, Outreach, Research | Tagged: , ,

TUSCALOOSA, Al. — The May 2009 Alabama housing report is now posted and available at The University of Alabama’s Center for Real Estate Web site. The address for the site is http://acre.cba.ua.edu/housing_report.php.

In addition, a statistical look at new housing construction can be found at http://acre.cba.ua.edu/new_construction_reports.php.

Thirdly, the 1st Quarter 2009 Housing Affordability Index is available at http://acre.cba.ua.edu/affordability_index.php.

UA’s Alabama Center for Real Estate, known as ACRE, teams with the Home Builders Association of Alabama to collect, analyze, store and disseminate the monthly report on the state’s home building industry.

Since 1999, ACRE has partnered with the Alabama Association of REALTORS and continues to produce monthly reports that provide useful information associated with existing home sales and housing affordability, said Grayson Glaze, executive director of ACRE.

The reports are released to coincide as closely as possible with the release of national real estate data, Glaze said.

Editors Note: Please include Web sites listed above for interested readers.

The University of Alabama, a student-centered research university, is experiencing significant growth in both enrollment and academic quality. This growth, which is positively impacting the campus and the state's economy, is in keeping with UA's vision to be the university of choice for the best and brightest students. UA, the state's flagship university, is an academic community united in its commitment to enhancing the quality of life for all Alabamians.

CONTACT: Bill Gerdes, UA media relations, 205/348-8318.begerdes@cba.ua.edu;
SOURCE: Grayson Glaze, gglaze@cba.ua.edu, 205/348-7714

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