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Wednesday, May 15, 2013
In another indication that the Roanoke-area housing market has continued to strengthen, the region registered a big jump in home sales in April, according to industry figures released this week.
There were 375 homes sold in April, up 29 percent from April 2012, when 290 sold, the Roanoke Valley Association of Realtors said Tuesday.
"Our activity is definitely up," said Betty Kingery, a Rocky Mount real estate broker and association president.
Kingery said a faster pace of sales has reduced the number of available homes to 3,167, which is the lowest inventory level for April since 2005.
Home sales fell in 2010 to 3,269, increased in 2011 to 3,432 and rose in 2012 to 3,666, according to association figures. Home sales through April 2013 totaled 129 more than for the same period last year. Numbers are for the Roanoke Valley, Craig County, and parts of Bedford and Franklin counties.
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