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The Cincinnati Area Board of Realtors Report
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The Cincinnati Area Board of Realtors Report
March 27, 2017
Categories
Real Estate
Tags
Cincinnati Area Board of Realotrs
cincinnati homes for sale
Cincinnati Mls
cincinnati real estate
Homes for Sale Cincinnati
housing
housing expectations
housing market
National Association of Realtor
Real Estate
The
report
issued by
CABR
states “February home sales were strong, but came up short, down – 3.76 % compared to February a year ago.”
Highlights:
The average home price climbed to $180,372 compared to $160,839 a year earlier, a +12.14 % increase.
The inventory of homes for sale, as of February 28, continued its year-over-year declining trend to 4,815 from 6,520 a year ago, down – 26.15 %.
Locally home mortgage rates in February averaged 3.99% for a 30-year fixed rate loan-compared to 3.82% a year ago.
Nationally, February home sales were down – 3.7 % from January on a seasonally adjusted basis, but were up + 5.4 % from February 2016.
Actual numbers below-
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