Positive news from KSL

Existing home sales rise along parts of Wasatch Front, dip in others
August 25th, 2009 @ 3:40pm

SALT LAKE CITY -- Sales of existing homes in a five-county area along the Wasatch Front increased 4 percent last month compared to July 2008, according to a new report from the Utah Association of Realtors. 

However, the report shows the median home price was down 6 percent compared to July of last year. 

The report includes Salt Lake, Utah, Davis, Weber and Tooele Counties. Utah County saw the largest increase while Tooele County had the largest decrease. 

Existing home sales 
Salt Lake County up 4.19 % 
Utah County up 21.72 % 
Davis County 0% increase/decrease 
Weber County down 13.35 % 
Tooele County down 15.07% 

It's the second month in a row the number of home sales for that area has increased. 

The numbers mirrored figures released by the National Association of Realtors last week that said U.S. home sales were up 5 percent in July compared to July 2008.

Positive Stats from UCAOR

Comments from the UCAOR.com

With continued national reports of a strong economy and our community as a prefered place to locate a business, continued strong demand, and federal and state incentives, sales rose 42 percent. I have to go all the way back to Aug of 2007 to find a month as strong as June. I am confident that UCAR members will receive this news as nothing as a welcome sign of what we have know all along, that Utah County is a great place and now is a great time to buy.