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Home sales rose in Ohio and nationwide

Home sales rose in Ohio and nationwide (News (General))

by administrator @, Wednesday, June 24, 2009, 15:22

CLEVELAND -- Home sales rose in Ohio and across the nation from April to May but continued to lag last year's levels, despite falling prices and tax incentives for buyers.

The National Association of Realtors said Tuesday that sales of previously owned homes rose 2.4 percent last month. At the current sales rate, 4.77 million homes would change hands this year -- an improvement from the sales rate in April, but a 3.6 percent drop from May 2008.

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