We Value Bloomington-Normal

Illinois home sales in June up 3.6 percent from previous month while the overall housing market remained strained by low consumer confidence and a troubled economy.

According to IAR's latest report, total home sales were up 3.6 percent in June 2008 to 11,643 sales compared to May 2008 sales of 11,243; year-over-year sales were down 27.0 percent from June 2007 totals of 15,945. The Illinois median price in June reached $200,000.

Said IAR president Kay Wirth: “Our focus in Illinois has to be on jobs and improving local economies so employers stay put and businesses locate in the state so people can keep their homes or take that important step up the economic ladder through homeownership.”