Greater Cincinnati Home sales building momentum

Ann Thompson — Wed, 22 May 2013 17:49:48 +0000

For 22 straight months Greater Cincinnati home sales have continued to climb. In April they were up 24% in Cincinnati and 17% in Northern Kentucky.

Number of homes sold

Cincinnati home sales for last month totaled 1,919 compared to 1,547 a year ago. Four hundred sixty-nine homes were sold in Northern Kentucky in April compared to 400 in April of 2012.

Average selling price

Winning streak continues for local home sales

Mark Heyne — Thu, 21 Feb 2013 17:35:47 +0000

Cincinnati home sales reached a six-year high last month. The Cincinnati Area Board of Realtors says January closings rose 30 percent compared to a year ago.

Board president Kevin Kelly says the continued upward momentum of Cincinnati home sales is a strong indicator the local economy is recovering. He says mortgage rates are maintaining their historic lows, the inventory of homes remains low and the number of buyers looking for a home is increasing, all factors that will help the local housing market.