Home Prices Up
Home Prices Up
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Home Prices Up 5.05% Across the Country
Cincinnati’s price increase is slightly lower than the national average. The June numbers reflect average home prices climbed once again to $244,750 compared to $233,542 a year earlier, a + 4.80 % increase.
On the downside the inventory of homes for sale, as of June 30, continued its year-over-year declining trend, dropping from 4,986 a year ago to 4,386 in June 2019, down – 12.0 %. ( Source Cincinnati Area Board of Realtors)
According to Keeping Current Matters
![Home Prices Up 5.05% Across the Country [INFOGRAPHIC] | MyKCM](https://i0.wp.com/files.mykcm.com/2019/07/25072858/20190729-MEM-1046x1600.jpg?resize=737%2C1128&ssl=1)
Some Highlights:
- The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
- In the report, home prices are compared both regionally and by state.
- Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
