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Low Inventory Pushes Home Sales Lower, Prices Higher

Posted by: In: Real Estate 18 Mar 2014 Comments: 0 Tags: ,
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RE/MAX released its National Housing report for February, which showed that weather and a lack of inventory continues to push homes sales lower and prices higher. Home prices rose 11.6 percent compared to February, 2013. The median price for a home was $180,450, a 4.3 percent increase from the previous month, and continues a streak of 25 months of monthly price increases.

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Source: DSNews

    

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