Compared with July 2014, new home sales in the U.S. were up 25.8% last month. This is in keeping with recent news about builder confidence and housing starts. Lack on inventory in the resale (existing) home sales market no doubt contributes to this rise.

Read More: U.S. new-home sales rebound in July – MarketWatch.

For info on the Flagstaff real estate market, visit our website: Flagstaff Homes by The Elite Team At RE/MAX Peak Properties.