Rising home prices and dwindling inventory across the U.S. accounted for an August slowdown in the overall number of home sales. Existing home sales were down 1.5 percent last month, compared to the same period last year, according to a monthly report released Thursday by the National Association of Realtors. Meanwhile, prices of existing homes rose 4.6 percent last month, the report showed. Still, the downward trend in sales — which has been recorded for […]
source https://therealdeal.com/2018/09/20/across-u-s-rising-home-prices-and-falling-inventory-led-to-fewer-august-sales-report/
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