5 major cities where home sales are soaring

The top five of the largest metro areas saw existing home sales up more than 25 percent from 2010

November 22, 2011

Existing home sales took a surprising jump in October, rising 13.5 percent from 2010.

While all but two of the largest metro areas (New York and Washington, D.C.) were up from a year ago, five cities stood out from the pack with sales up more than 25 percent this year.

 

 

 

 

The Top 5

  • Miami/Fort Lauderdale +34.6 percent
  • Atlanta +33.4 percent
  • Minneapolis/St. Paul +33.4 percent
  • Cincinnati +28.9 percent
  • New Orleans +27 percent

Several other cities experienced sales growth of at least 10 percent

  • Phoenix +17.3 percent
  • Philadelphia +15.1 percent
  • Dallas/Fort Worth +13.9 percent
  • Kansas City +12.9 percent
  • Portland +12.3 percent
  • Indianapolis +10.8 percent
  • Boston +10.1 percent
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