“Home prices across the state are continuing to rise,” said KAR president, Deborah McMullen with McGrew Real Estate in Lawrence. “The inventory of desirable homes available for sale is extremely limited.”
August 2016 Market Highlights
- August national sales only rose 0.8% versus 10.6% in Kansas.
- Sale prices remain a bright spot. Average sales price for Kansas homes increased 4.9% this August over last year.
- Mortgage rates decrease. The national average commitment rate on 30-year conventional was 3.48%. View Freddie Mac’s report.
Read the full press release here
Download the full report here
KAR – The Voice of Real Estate in Kansas
The Kansas Association of REALTORS® (KAR) provides members with market data to better serve clients and ensure they make decisions based on the most accurate information in the marketplace.
