Latest Numbers Show That the Virginia Housing Market Remains Strong
On November 20, 2015, the Virginia Association of REALTORS released its Home Sales report for the month of October, which revealed a couple of interesting statistics. First, the number of home sales rose by 2.83 percent on a year-over-year basis. Second, the median sales price rose by 1.54 percent from $246,200 to $250,000 on a year-over-year basis. Combined, these statistics mean that the Virginia housing market was more active in October of 2015 than in October of 2014, which should...
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