ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, August 2, 1994                   TAG: 9408030026
SECTION: BUSINESS                    PAGE: C-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

ROANOKE VALLEY ECONOMIC INDICTATORS

The number of homes sold in the Roanoke Valley fell 38.2 percent to 249 in July from 403 a year ago and 29.6 percent from 354 in June. Tim Garrison, president of the Roanoke Valley Association of Realtors, said July sales were affected by fluctuations in interest rates. "Now that rates have stabilized," he said, "I think we'll see an increase in activity." 


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