Home sales on the rise in 17 states

Sales in 17 states picked up first quarter of 2009 compared to 2008. This is more evidence that economists are looking for that the recession is bottoming out. Economist also predict that more states will show improvements throughout the year. Patrick Newport, economists for IHS Global Insight, states that some states show early signs of recovery from the recession.

Some say that the price of the pickup maybe be a surprise for the positive because the prices have drop enought that people who thought they couldn't afford a home are now finding that they can.

Metro area median home prices

Median sale price of existing single-family homes in these metropolitan areas (in thousands)
	2006	2007	2008Q1	2008Q4	2009Q1	Change   from Q1 2008

Amarillo, TX

$114.9

$118.4

$122.2

$122.6

$122.0

-0.2%

Beaumont-Port Arthur, TX	$112.7	$123.0	$122.9	$132.6	$129.1	5 .0%
Binghamton, NY	$96.9	$111.2	$109.7	$105.8	$110.3	0 .5%

Bloomington-Normal, IL

$152.2

$154.0

$150.9

$159.3

$153.8

1 .9%

Buffalo-NiagaraFalls, NY

$97.9

$104.0

$96.6

$106.2

$99.2

2 .7%

Decatur, IL

$85.4

$83.1

$79.4

$79.3

$77.1

-2.9%

Farmington, NM

$172.3

$191.1

$189.9

$184.9

$191.2

0 .7%

Ft. Wayne, IN

$99.7

$97.1

$88.7

$88.6

$80.6

-9.1%

GreenBay, WI

$151.3

$150.7

$137.0

$146.6

$138.4

1 .0%

Indianapolis, IN

$119.3

$120.5

$107.3

$100.2

$94.6

-11.8%

Louisville, KY-IN

$137.6

$137.4

$131.6

$124.0

$121.1

-8.0%

Oklahoma City, OK	$125.0	$134.9	$124.9	$124.2	$129.9	4 .0%

SaltLakeCity, UT	$203.0	$232.0	$225.7	$225.4	$230.1	1 .9%
SanAntonio, TX	$141.7	$153.2	$149.8	$143.4	$148.3	-1.0%

Shreveport-BossierCity, LA

$132.2

$135.6

$131.5

$139.2

$136.0

3 .4%

Springfield, IL	$105.4	$109.0	$107.2	$96.7	$111.4	3 .9%

Syracuse, NY

$116.8

$121.8

$110.3

$114.1

$113.7

3 .1%

Topeka, KS

$106.1

$111.9

$103.3

$104.8

$106.5

3 .1%