- Associated Press - Thursday, July 9, 2015

LAFAYETTE, La. (AP) - Lafayette Parish home sales for the first half of this year were up 4 percent compared with 2014, a sign of a healthy real estate market despite concerns of weak oil prices slowing the local economy.

According to an analysis released Wednesday by Van Eaton & Romero CEO Bill Bacque, the Advocate (https://bit.ly/1HQommz ) reports that from January to June, 1,616 homes were sold in the parish, up from 1,555 for the same period last year.

Using figures from the Realtor Association of Acadiana, Bacque says the median sales price rose from $189,000 last year to $199,000.

According to the analysis, in the Acadiana region outside of Lafayette Parish, home sales fell by 5 percent, though home sales in the surrounding area make up a smaller share of the regional market.

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Information from: The Advocate, https://theadvocate.com


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