Residential Real Estate: Marketplace for August 31, 2018

Housing sales

While the number of homes for sale has crept up through the summer, the available inventory still lags last year significantly. That continues to drive up prices, which were 8 percent higher from May through July this year than the same period one year ago. An exception is the sale of homes priced over $250,000, which are selling faster than a year ago but for slightly lower prices.•

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