UA Center’s November Housing Reports Show Year-Over-Year Increases
December 23, 2009 - Filed under: Announcements, Faculty & Staff | Tagged: College of Commerce & Business Administration, Real Estate
TUSCALOOSA, Ala. — Two reports from The University of Alabama’s Alabama Center for Real Estate show year-over-year increases in the state’s latest monthly home sales and new construction figures.
These latest looks at the Alabama housing situation are now available on the Web, courtesy of the center, known as ACRE, that is a part of UA’s Culverhouse College of Commerce.
The Alabama Housing Report, which tracks total home sales on a monthly basis, shows Alabama home sales in November 2009 up more than 53 percent from November 2008 and down just less than 4 percent from last month. The complete report can be found at http://acre.cba.ua.edu/pdfs/housing_statistics/AL%20Report.pdf
New home construction figures in November 2009 show a 17.8 percent increase from November 2008 and a 6.5 percent decrease from October 2009. The complete New Construction Report can be found at http://acre.cba.ua.edu/pdfs/construction_statistics/New%20Construction%20Report.pdf
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: Grayson Glaze, executive director, Alabama Center for Real Estate, 205/348-4117, gglaze@cba.ua.edu; Bill Gerdes, UA media relations, 205/348-8318, bgerdes@cba.ua.edu