A nonprofit publication of the Kentucky Center for Public Service Journalism

Kentucky Realtors report home sales down in May — but pending sales will show up stronger in June

Home sales numbers were down as expected in May — 3,894 closings took place, down 23% from the 5,051 homes sold in May of 2019. The best way to measure what the next month will look like, however, is to look at pending sales (homes under contract). Last year, that figure for May was 7,311. This May saw that indicator rise by over 16% to 8,511. This indicates that June could emerge much stronger. (Click...

Real estate market picks up where 2019 left off; pending sales indicate transactions to continue climb

The first month of a new decade saw a huge boost in real estate sales, jumping 20 percent versus 2019. Total home sales reached 828 in January compared to 691 during January last year. This is coming out of 2019, a record year in many ways, that ended up 7 percent over 2018 and, in December, posted an increase of 19 percent year-over-year. In January, single-family home sales saw an increase in sales...