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Home Sales Down, Prices Up In February

House for sale
The median sale price for homes in Central Ohio last month was 1$50,000, up 11 percent over the same time last year.

Central Ohio home sales fell in February compared to the previous year, while prices increased. Many experts say that’s largely because of a smaller inventory and tight mortgage markets.

For more details, WOSU’s Steve Brown talked with Susan Wachter, a real estate professor at the University of Pennsylvania’s Wharton School.