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Home sales increase 2.3% despite peaking prices, ever-shrinking inventory (access required)

Home sales increased 2.3% year-over-year in April 2018 in the face of record low inventory and the second-highest median sales price in the nine-year history of the RE/MAX National Housing Report. In April, San Francisco, CA reached a new benchmark surpassing $1 million for the metro area's median sales price. Eight other metro areas including Las Vegas, NV, Seattle, WA and Boise ID saw large double-digit price increases from ...

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