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Home prices rise despite drop in U.S. spending

Posted on 19 September 2011

Home-sales prices came back up in August after a dip in July, and have risen five of the last six months. The average sales price of a home in South Mississippi in August was nearly $3,000 above July’s average, according to a report released Friday by the Mississippi Gulf Multiple Listing Service. The price remains $4,400 below August 2010.

Sales were brisk, with 57 more homes sold in August than in July and 86 more than in August 2010……………………………………….Full Article: Source


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