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Home sales rise 15.5 percent across Ohio

Monday, July 22, 2013

Home sales rise 15.5 percent across Ohio

COLUMBUS

Homes sales across Ohio rose 15.5 percent in June, as the market posted year-over-year gains in activity for the 24th consecutive month, according to the Ohio Association of REALTORS.

“Over the past two years the Ohio housing market – month-by-month – has made slow, steady and consistent progress in its effort to recover from the economic challenges wrought by the recession,” said Thomas J. Williams, president of the association in a statement. “Attaining 24 consecutive months of gains in sales activity — our longest stretch in uninterrupted growth in 16 years of tracking Ohio home sales — is a clear indicator of growing consumer confidence and a renewed appreciation that housing is a solid, long-term investment.”

Sales through the first six months of 2013 totaled 61,297, a 15.8 percent increase from the 52,932 sales posted during the same period a year ago.