From the Otteau Group:
June Purchase Activity Slower, But Still Strong
Home purchase demand in New Jersey recorded another double digit-increase in June with a 10% rise in signed purchase-contracts compared to one year ago (YOY). Considering last year’s 17% increase in June-2012, home purchase demand has risen by 28% over the past 2 years. Focusing on 2013, statewide purchase contracts have now risen by 17% YTD.