COSTA MESA, CA– Providing further evidence of an uneven recovery in the housing industry, Hanley Wood Market Intelligence (HWMI) reported this week that June subdivision sales improved in some Eastern and California markets while others continued to struggle.
HWMI, which tracks sales in communities of 10 units or more in select markets, reported that net sales in Washington, DC, improved 11% in June compared to a year ago. Among the other bright spots, HWMI found that net sales improved by 4% in Bakersfield, CA, 8% in northern New Jersey, and 10% in southern New Jersey.
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