State Housing Report, Affordability Index Posted on UA Website
June 25, 2010 - Filed under: Announcements, Outreach, Research | Tagged: Business, College of Commerce & Business Administration, Economics, Housing, Real Estate
TUSCALOOSA, Ala. – The latest look at the housing situation in Alabama is available on the Web. The reports are compiled and posted by the Alabama Center for Real Estate at the Culverhouse College of Commerce at The University of Alabama.
The Alabama Housing Report, which tracks total home sales on a monthly basis, shows Alabama home sales for May 2010 up 6.47 percent from April and up 23 percent from May ’09. The complete report can be found at http://acre.cba.ua.edu/housing_report.php
Also, the First Quarter 2010 Alabama Housing Affordability Index report can be found at http://acre.cba.ua.edu/affordability_index.php. The Housing Affordability Index for the first quarter of 2010 finished at a staggering 213.3, its highest level in 17 years.
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, 205/348-7714, gglaze@cba.ua.edu; Bill Gerdes, UA media relations, bgerdes@cba.ua.edu, 205/348-8318