Dayton Business Journal...
Ohio home sales climb nearly 11%
by Olivia Barrow, Staff Reporter
Thursday, July 19, 2012 

Ohio’s housing market continued to rebound in June. 

Home sales rose 10.6 percent throughout the state in June, compared to the same period last year. The increase marked the 12th consecutive month of gains, according to Multiple Listing Services data. 

With 52,896 new and existing homes sold in the first half of 2012, the market has shown a 12.8 percent increase in sales compared to last year. 

“We’ve reached a significant milestone in our long journey toward recovery of the housing marketplace throughout Ohio, as sales activity has achieved 12 straight months of gains for the first time since December 2004 through November 2005,” said Robert Miller, president of the Ohio Association of Realtors. “It’s apparent that we’ve begun to overcome the challenges stemming from the economic collapse of 2008 and have made strides in building a solid foundation for having a sustainable, growing marketplace going forward.” 

Increasing demand has also helped the average sales price edge up 4 percent to $131,004 for the first half of the year. 

Home and condo across the Dayton region rose 9.8 percent in May, compared to the previous year, according to the Dayton Area Board of Realtors. 

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