NAR: Record Sales For Second Homes in 2005

Ackerman, Andrew
April 2006
Bond Buyer;4/6/2006, Vol. 356 Issue 32355, p2
Trade Publication
The article reports on the records set in 2005 on vacation and investment home sales according to the National Association of Realtors in the U.S. It was shown in two surveys that there has been an increase of 27.7 percent of all homes purchased in 2005 were investments and another 12.2 percent were vacation homes. All in all, they represented 3.34 million in second-home sales, up by 16 percent from a 2.88 million sales level in 2004.


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