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Sales increase nearly 2%, despite record prices, sinking inventory  (access required)

July home sales rose 1.8% year-over-year, making it the second month of 2018 to post a sales increase year-over-year, according to the RE/MAX National Housing Report. In the July 2018 report, 37 of the report's 54 metro areas posted sales increases over July 2017—April was the first month of 2018 where more homes were sold than the same month in ...

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