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Market Update: Why Home Sales Dropped in February

Market Update: Why Home Sales Dropped in February

by Susanne Novak | Mar 29, 2021 | Market Updates

The February 2021 housing report offers bleak news for buyers. Strong buyer demand has pushed the average sales price 13.4% higher. We suffer from record low inventories leading to a decline in sales of 2.9%. Pending contracts plummeted by a stunning 11.9% which will...

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