The sale of houses in Indiana slowed down in July, according to the Indiana Association of Realtors.
That association sales of existing homes are expected to finish nearly 10% below July of last year. Median sales price also dipped to $246,000 last month after reaching $250,000 in June.
Year-to-date home sales are almost 4% below the first seven months of 2021.
2 comments
Spiraling interest rates, skyrocketing inflation, and a lack of confidence in the economy created by Joe and his diversity hire lickspittles had a negative impact on housing? Who would have thunk it?
For those who paid hundreds of thousands over listing price the past few years, hope you plan on staying there awhile! Lumber prices are tanking so new homes are struggling too. Buyers market is coming back.