Arkansas home sales jump 10 percent in September
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LITTLE ROCK — Arkansas home sales in September jumped 10 percent over the corresponding month a year ago, the Arkansas Realtors Association said Monday.
The spike mirrored a nationwide jump attributed to an expiring tax credit for first-time homebuyers, and it was just the second month-over-month increase seen in Arkansas in nearly four years.
Meanwhile, the 2,300 homes sold during September charted a 5 percent average-price decline.
The industry is hoping that a recent extension of the tax-credit, which was to expire Nov. 30 but has been modified and extended through the spring, will keep sales up.
Read tomorrow's Arkansas Democrat-Gazette for full details.
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This article was published November 16, 2009 at 11:51 a.m.-
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