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More Growth in the S.A. Housing Market

By Bill O'Neil

Another big sign of stength in the San Antonio housing market in the numbers for sales in March.  

The exclamation point a 10% jump in the average price of a home over the same time last year--putting it at more than $211-thousand dollars. San Antonio Board of Realtors Chair Missy Stagers told 550 KTSA News she expects that momentum to continue to roll forward--thanks in part to conintued low interest rates.  

"As long as we're seeing that, and this low inventory that we have--it's really creating a strong housing market" Stagers said, adding what is being sold today is generally moving faster thorugh the market.  

"Still about 75 days on market (the average amount of time a home spends on the market)--16 days fewer than March of last year" Stagers said. 


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Topics : Business_Finance
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Locations : San Antonio
People : Realtors Chair Missy Stagers
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