Sales in the Midwest Higher than the Rest of United States

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Home sales, both of single-family homes as well as condos, soared high above the year-over-year averages shown throughout the rest of the United States. According to NAR, single-family homes in the Midwest were up 25.4% year-over-year, which is 9% higher than the U.S. average. Condos, many of which remained empty during the housing market slump, have returned as a buying trend, selling 50% more year-over-year in the Midwest, 21.1% over the national average. This large-scale increase in sold homes throughout the year showcases a strong recovery for those looking to enter the market in the coming year.

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Categories: Home Buying, Home Selling, Real Estate News

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