Residential real estate activity increased moderately in the Richmond district. Realtors in Virginia and North Carolina reported increased sales, especially for higher end homes in North Carolina. Home sales increased in the St. Louis district on a year-over-year basis. Compared with the same period in 2013, December 2014 monthly home sales were up 5 percent in Louisville, 11 percent in Little Rock, and 29 percent in St. Louis.
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