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Virginia 2020 home sales up nearly 11 percent over 2019

Virginia 2020 home sales up nearly 11 percent over 2019 Published Thursday, Jan. 21, 2021, 10:47 am Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: augustafreepress2@gmail.com (© WavebreakMediaMicro – stock.adobe.com) The December Home Sales Report released by Virginia REALTORS® on Thursday showed a surging housing market in the second half of 2020. The surge resulted in a 10.8 percent increase in home sales year over year from 2019 – the fastest growth in annual sales transactions in the Commonwealth in more than five years. Sales activity in the final quarter of 2020 was significant compared to recent years. Home sales activity gained steam throughout the fall and into the winter months when transactions typically tend to slow. In December, there was a total of 12,525 home sales in Virginia, 32.4 percent higher than a year ago.

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