KS: Home Sales Beat National Average in May

Kansas home sales rose from month-earlier levels during May, but trailed year-earlier sales by nearly 21 percent, the Kansas Association of Realtors reported Thursday.

The association reported 2,760 homes were sold in Kansas, up from 2,434 in April, but far fewer than 3,484 units that changed hands in May, 2010, when a federal tax credit program designed to spur home buying skewed sales higher.

“Sales this year are right on pace with 2009, a year unaffected by the home buyer tax credit,” said Wichita Realtor Jamie Holt, president of the a ssociation. “Taking into account normal seasonal patterns, we anticipate a slow, steady increase in sales activity in the second half of the year.”

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