Call me: 240-603-3965

Jobs Impact of Existing Home Sale

Here it is, Ā as simple as buying a house or two! Strengthening the job market – buy that house that you have been waiting to buy!

  • The National Association of REALTORSĀ® estimates that one job is generated or supported for every two home sales.
  • This estimate is based on a comparison of the economic impact of an existing home sale to various measures of income.
  • In 2013, the economic impact of a single home sale was estimated to be more than $68,000. In the same year, GDP per worker was $123,400. Thus, two home sales would generate more in economic impact than the total GDP per 1 worker.
  • Comparisons against other types of income measures would show an even higher home sales impact on jobs.

Capture

 

Mary DeRose Davis

Comments are closed.