Comment on May home sale closings down, but average sales price second best in 11 years

May home sale closings down, but average sales price second best in 11 years

GRAY — May’s regional housing market could not match the decade-high closings benchmark set in May last year, but that did not hold back home price increases, according to a report released by the Northeast Tennessee Association of Realtors (NETAR). Closings were down 2.7 percent across the 11-county area monitored by NETAR.

 

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