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Top 10 states for existing-home sales growth in Q1

NAR releases statewide sales data

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The National Association of Realtors on Tuesday released first-quarter statewide sales data. Sales of all existing homes, including single-family homes and condos, rose 11.4 percent in the first quarter compared to the same quarter last year, to a seasonally adjusted annual rate of 5.14 million, while falling 14 percent from fourth-quarter 2009 (see related article), and sales rose in 44 states and Washington, D.C., year over year in the first quarter. Top 10 states for existing-home sales growth in Q1 2010 vs. Q1 2009 1. IDAHO (+122.5%) 2. HAWAII (+51.5%) 3. FLORIDA (+35.%) 4. VERMONT (+33.3%) 5. OREGON (+32.7%) 6. WASHINGTON (+32%) 7. MAINE (+28.3%) 8. ILLINOIS (+27.1%) 9. NEW YORK (+26.8%) 10. MARYLAND (+26%) Top 10 states with existing-home sales decline or slightest sales increase in Q1 2010 vs. Q1 2009 CALIFORNIA (-5.6%) SOUTH DAKOTA (-2.8%) VIRGINIA (-1.8%) OKLAHOMA (-1.5%) ALABAMA (+1.1%) KANSAS (+2.4%) GEORGIA (+3.8%) MISSOURI...