Cindi Andrews reports:
Greater Cincinnati home sales reached a five-year high in 2012 and rose more than 12 percent over 2011, the Cincinnati Area Board of Realtors reported this morning.
A total of 18,988 homes sold, compared to 16,854 in 2011. In addition, December sales were higher than December 2012, extending the sales-growth streak to 18 months.
The Northern Kentucky Association of Realtors likewise reported an 18th-straight month of year-over-year sales increases in December. Last year saw the most sales since 2008 in Northern Kentucky, at 4,949 sales – a nearly 15 percent increase over 2011.