Hawaii’s active real estate market, which has seen the highest median-price growth since 2005, is a good indication that the state’s overall economy is moving in the right direction.
Median price growth is up 9 percent so far in 2012, when comparing the same period last year, according to the Honolulu Board of Realtors.
And First Hawaiian Bank economist Leroy Laney, speaking at the bank’s annual business outlook forum Tuesday morning, said that real estate upswings coincide with better economic…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/owD2b9ZOjLI/hawaii-real-estate-good-indicator-for.html
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