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IPFS News Link • Housing

"We Have To Get More Inventory" - Existing Home Sales Unexpectedly Rise In January

• by Tyler Durden

The median selling price increased 14.1% from a year earlier to $303,900 in January, a record for the month.

There is a massive divergence in sales however as low priced home sales plunge (-28%) but million-dollar-plus home sales soar (+77%) with 38% of homes sold in January over $1mm...