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Home Sales Up Year-Over-Year

Home Sales Up Year-Over-Year | Simplifying The Market

Some Highlights

  • This is the 48th consecutive month with year-over-year price gains.
  • Lawrence Yun, NAR’s Chief Economist says¬†that, “The main issue continues to be a supply &¬†affordability problem. Finding the right property at an affordable price is burdening many potential buyers.”
  • Inventory is still below historic norms at a 4.4 month supply.

Source: KCM

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