Home Sales, Construction Increase in March, According to UA Center
April 23, 2010 - Filed under: Announcements, Research | Tagged: Business, College of Commerce & Business Administration, Housing, Real Estate
TUSCALOOSA, Ala. — The latest look at the housing situation in Alabama from The University of Alabama’s Center for Real Estate is now available on the Web.
The Alabama Housing Report, which tracks total home sales on a monthly basis, shows Alabama home sales for March 2010 up 49 percent from February, 2010 and up more than 14 percent from March ‘09. The complete report can be found at http://acre.cba.ua.edu/housing_report.php.
New home construction in March 2010 increased over February 2010 by 19.2 percent, and 25.2 percent over March ‘09. Building permits were also up in March. The complete New Construction Report can be found at http://acre.cba.ua.edu/new_construction_reports.php.
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 M. Glaze, executive director, Alabama Center for Real Estate, gglaze@cba.ua.edu, 205/348-7714; Bill Gerdes, UA media relations, bgerdes@cba.ua.edu, 205/348-8318