A nonprofit publication of the Kentucky Center for Public Service Journalism

Kentucky housing market on pace for second highest year as housing inventory continues to dwindle

Kentucky home sales in November are down just one-quarter of one percent from 2017. Units sold topped out at 3,909 homes which is just 10 units shy of last year’s mark of 3,919. The 2018 housing market is almost as strong as last year’s record-breaking mark. 2018 numbers now sit at 48,615 units sold compared to 2017’s tally of 49,167, down j1.1 percent. Nationwide existing-home sales increased...

Homes sold in Kentucky drop in May after a record-breaking April; sold total still on record pace

Kentucky’s housing market followed the national scene in May, with home sales decreasing 6.2 percent for the month compared to a year ago. Click to enlarge Even with the decline, total home sales were the second highest ever for the month, reaching 5,057, versus 5,395 in May 2016. Year-to-date, homes sales are down 2 percent with only 410 more homes sold across Kentucky in the first 5 months of 2016...