Home sales surge in March as inventory remains tight
Home closings in 13 central Indiana counties climbed 9.2 percent compared with the same month last year, while average sale prices rose 3.4 percent.
Home closings in 13 central Indiana counties climbed 9.2 percent compared with the same month last year, while average sale prices rose 3.4 percent.
Sales of existing homes in central Indiana showed a 2.5 percent decline in March, marking the 11th monthly decrease in the last year.
U.S. home prices climbed at more than double the rate of incomes in January, a trend driven by tight supplies that could ultimately create affordability challenges.
See what you can buy for $650,000 plus get the details on the most expensive house that sold in the past few months.
Indianapolis-area home builders had their best February in almost a decade last month with a big surge in new-home buying.
Sales of existing homes in central Indiana are off to a slow start this year after falling in February, marking the 10th decline in 11 months.
Sales of existing homes in central Indiana plunged nearly 10 percent in January as the number of properties on the market tumbled by an even greater percentage.
Builders in the nine-county area filed the same number of single-family construction permits last month as they did in January 2015.
Steady job growth and low mortgages drew more buyers into the market, causing both sales and prices to climb steadily.
Sales of existing homes in the nine-county area experienced their most robust performance since before the Great Recession, while prices continued to rise, F.C. Tucker said Wednesday.
Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015.
The introduction of a new disclosure form in October likely prevented many homebuyers from closing on sales in November. Home values are also rising at more than double the pace of wages.
Home sales in November tumbled 11.1 percent in Marion County, from 866 homes to 770. Hamilton County, the area’s second-largest market, saw a similar decrease, with an 11.3 percent drop.
Pending sales of existing homes in the metro area fell 15.3 percent last month compared with October 2014, according to F.C. Tucker Co. Sale prices rose against shrinking inventory.
See the latest home sales statistics, the most expensive home sold last quarter, what you can buy for $1.25 million and more.
Buyer demand proved so strong this summer that Hoosiers bought 9,080 existing homes in June alone—the state’s second-largest one-month sales tally in the past 12 years.
Home-sale agreements in central Indiana slid for the sixth straight month in September as prices climbed and inventory declined, according to F.C. Tucker Co.
Area home builders saw an 8-percent increase in buyers in September, according to the latest permit numbers from the Builders Association of Greater Indianapolis.
Home-sale agreements in central Indiana dropped for the fifth straight month in August, according to a report released Monday by real estate agency F.C. Tucker Co.
See which real estate agents and which teams rack up the most sales.