Consider this another in my fitful efforts to gauge how the economy is coming along. Noting this item today:
Statewide home sales increase 13% in June
Monday, 20 July 2009
COLUMBIA – The number of homes sold in South Carolina rose for the second straight month. Nearly 4,200 homes were sold in June, an increase of 13% over May, according to the latest report from the S.C. Association of Realtors.
In May, home sales totaled 3,704, an increase of 16% over sales in April.
June’s figures also represent the best year-over-year showing so far this year, with just an 11.3% drop compared to June 2008 numbers.
Of the 15 regions reporting home sales for the association, 14 reported an increase in sales over May. The only area that reported a loss was the Southern Midlands Association of Realtors. It sold three more homes in May than it did in June, according to the report.
Of the state’s three major metropolitan areas, Greenville posted a 13.3% increase in June sales over May, followed by Columbia with a 10.5% increase and Charleston with a 9.4% increase, the report said.
The median price of homes in South Carolina was $147,000, up from $142,000 in May. The average number of days a home was on the market was 144, down from 155 in May.
For the full report, click here.
… which follows on news Friday that unemployment held steady, I wonder — do you see signs that things are starting to look up?
You can’t tell by me, since I still don’t have a job. For that matter, you can’t really tell by South Carolina. The state Board of Economic Advisors called for more state budget cuts last week.
But South Carolina lags, and I am a South Carolinian, so I guess that means I lag, too. Still, even I have seen positive signs in recent weeks — such as packed parking lots out in the Harbison area.
What are you seeing?