SUBURBAN COMEBACK: CONDO SALES FLAT WHILE SFH SALES ROSE 2.7% LAST MONTH

The rumors of the suburban apocalypse were greatly exaggerated. Just two months after data showed more people again moving to the suburbs than to urban cities, sales of condos are being outpaced by single-family homes.

According to the National Association of Realtors, condo sales were flat last month, unchanged from the previous month. During the same period, single-family home sales rose by 2.7%, USA Today reported Friday. Southern and western states recorded the highest number of home sales, while the northeast had no growth over the previous month.

Apparently many Americans are still fond of trees, lawns and backyard barbecues.