Ohio Home Sales Jumped Ten Percent In February

A survey from the Ohio Association of Realtors found 93 percent of realtors described the current housing market as moderate to strong; that's a 15 percent increase over last year.(Photo: Diana Parkhuose (Flickr))
A survey from the Ohio Association of Realtors found 93 percent of realtors described the current housing market as moderate to strong; that's a 15 percent increase over last year.(Photo: Diana Parkhuose (Flickr))

The Ohio Association of Realtors says Ohio homes sales jumped more than 10 percent last month.

The housing market posted gains in activity for the 20th consecutive month in February – that’s the longest stretch of uninterrupted growth in more than a decade. In the Columbus area sales were up 20 percent compared to last February.

But Ohio Association of Realtors’ President Thomas Williams says the jump in sales has decreased inventories.

“In certain areas I think it’s still pretty good, but in certain prices ranges and certain locations inventories are still low.”

Williams is hopeful inventories will boost when more sellers decide to enter the improving market.

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