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Economy and Business


House sales agreements are up for the 26th month in a row
House values and new construction are also improving
Story by LYNDSEY SCHLEY


 
House sales agreements and prices were up in Ohio for the 26th consecutive month.
Courtesy of The Truth About Mortgage
Download (WKSU Only)
In The Region:

The Ohio Association of Realtors is reporting agreements to buy condominiums and single-family houses were up in June for the 26th consecutive month.

Thomas Williams, the president of the group, says not only are sales up, but values are rising and so is new construction...

 

LISTEN: WILLIAMS ON REAL ESTATE

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"Which is an extremely positive sign because new construction creates a lot of jobs for tradespeople and people furnishing their home and buying furniture, draperies and appliances," Williams says.

Williams says he believes the improvements come from a more stable economy and the oil-and-gas boom in Ohio.

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