Posts from January 2nd, 2019

Home sales activity in November nearly matches best-ever levels

The pace of homes sold across Ohio in November fell 1.3 percent from the level set during the month a year ago, according to Ohio REALTORS.

"The Ohio housing marketplace posted solid levels of activity in November -- as sales nearly matched the month's best-ever rate set a year ago, while also recording a steady, positive gain in pricing," said Ohio REALTORS President Tiffany Meyer. "With each passing month it has become increasingly evident that the desire for homeownership remains strong throughout the state and that Ohioans are confident that a home purchase is a smart, long-term investment."

November's average home price of $178,882 reflects a 2.1 percent increase from the $175,196 mark posted during the month last year.

Sales in November reached a seasonally adjusted annual rate of 157,655, a 1.3 percent decrease from the record-setting level set du...

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