Tue Jan 22

Home sales surged in 2012

Posted by rrichardson January 22nd, 2013, 1:10 pm

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.

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