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Posted by Birimingham News business staff July 16, 2009 8:59 AM Home sales in the Birmingham area showed signs of improvement in June, according to Tom Brander, a real estate expert who tracks sales trends across the state.
Brander noted on his blog today that home sales in Alabama’s largest metro area rose 8 percent to 1,272 in June from the previous month, while the value of those residences jumped 11.5 percent to $229.6 million. Both figures were down from June 2008, but month-to-month comparisons have taken on a greater significance since the area’s sales slump began.
“Keep in mind that June is usually the peak sales month of the year,” Brander writes. “The next few months will be telling as we enter into the weaker sales period.”