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Home sales decline 1% as inventory, prices level out  (access required)

The RE/MAX National Housing Report for August 2018 shows increasing home prices, low inventory and a reduction in days on market. These combined factors made August 2018 the sixth time this year that home sales lagged behind last year's pace—but only slightly at -1.1 percent. Home prices rose by 3.7 percent over August 2017, much lower than the year-over-year price increase ...

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