November home sales in the Wichita area posted a 41 percent increase over 2008, the second month in a row sales have ticked upward, according to data released Thursday by the Wichita Area Association of Realtors.
A total of 801 homes sold during November, up from 568 during the same month last year.
November’s sales were helped by the federal government’s new home buyer tax credit, which originally was set to expire on Dec. 1. In contrast, last November’s sales were near historical lows while the nation was at the height of the financial crisis.
Source: Wichita Business Journal, by Chris Moon, Thursday, December 17, 2009
