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October Existing-Home Sales Cool but Low Inventory Drives Prices

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WASHINGTON (December 20, 2013) – Existing-home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double-digit year-over-year gains, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell… Read More

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