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What you need to know for 07/27/2017

Local real estate market remains strong, report indicates

Local real estate market remains strong, report indicates

The local real estate market was strong and active in the first six months of 2013, according to a n

The local real estate market was strong and active in the first six months of 2013, according to a newly released report based on data collected by the Capital Region Multiple Listing Service.

From January to June, average and median home prices where 4 percent higher than they were during that same time period in 2012, and the number of closed transactions was up by 6 percent, according to Miguel Berger, president of the Greater Capital Association of Realtors.

Median home prices for the first half of the year were 3 percent higher than at the height of the housing market in 2007, according to James Ader, GCAR’s CEO.

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