The Indiana Association of Realtors says home sales in the Hoosier state rallied modestly in August to close the summer on a stable note.
Sales of existing homes grew four percent from July to reach 8,940 properties statewide; this total is eight percent below August 2021 but narrows the year-over-year gap of more than 10 percent comparing July 2022 to ‘21.
Year-to-date home sales are over 61,000, down roughly 4.5 percent versus 2021 but ahead of 2018, 2019 and 2020. Continued price appreciation has lifted total sales volume more than $1 billion above last year.
Indy Politics spoke with Mark Fisher this week, the CEO of the Association.
You can hear his comments in the Leon-Tailored Audio above. It runs for about 16 minutes.
