Central Indiana Housing Market Beats National Trend

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INDIANAPOLIS, IN – August 29, 2011 – (RealEstateRama) — Hoosier confidence was running high during the month of July with strong year-over-year growth in home sales for Central Indiana. According to the latest housing market data compiled by RE/MAX of Indiana, the nine-county area experienced a 26-percent increase in homes sold in July 2011, compared to July 2010. This figure beats the overall national housing market where U.S. home sales increased by a still impressive 13 percent, although 13-percentage points lower than the local market.

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RE/MAX of Indiana is Hoosiers’ real estate market leader with $2.3 billion in annual sales, over 80 offices and nearly 1,200 sales associates. Founded in 1987, RE/MAX of Indiana helps growing families and businesses through its expertise in residential and commercial real estate, as well as relocation and referral services. Having sold 1.5 million homes in Indiana over the last five years, “nobody sells more real estate than RE/MAX.” Visit www.remax-indiana.com for more information, and follow us on Facebook at www.facebook.com/remaxofindiana and on Twitter at www.twitter.com/remaxofindiana.

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