New Jersey’s Year-End Real Estate Report: 2013 Was a Great Year for Housing

Edison, N.J. – January 28, 2014 – (RealEstateRama) — The December 2013 housing market report from the New Jersey Association of Realtors shows that over the course of the year, the housing market proved to be strong. In fact, closed sales were at the highest levels since 2005, to 94,671 units, up 18.1 percent. There are still fewer homes to comprise the total state inventory, but new properties came on the market in greater numbers than during 2012, so if that continues, 2014 will see a well-balanced market.


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The New Jersey Association of REALTORS® (NJAR®) is a non-profit organization serving the professional needs of its members. It is part of the nation's largest trade organization, the  NATIONAL ASSOCIATION OF REALTORS® (NAR).

NJAR® membership is composed of commercial and residential brokers and salespeople, property managers, appraisers, counselors and other real estate professionals who have pledged to subscribe to a strict Code of Ethics.

Contact:

Lauren Castellano
Media Coordinator
Phone: (732) 494-4709
Fax: (732) 404-8130
E-mail:lcastellano@njar.com

NJAR
295 Pierson Avenue
Edison, NJ 08837    

Phone: (732) 494-5616
Fax:   (732) 494-4723

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