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June 2008 sales of 5700 homes marks the first year over year monthly increase since September 2005, when sales volume of 9213 homes were coming off the peak of 10,252 homes sold in June 2005. 

Sales for June 2008 represent an increase of 5.7% over the 5393 homes sold in June 2007.  This, along with the fifth consecutive month in a row of increasing sales sends a strong signal of a market returning to balance.