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Some Highlights:

  • Existing Home Sales slowed to an annual pace of 5.21 million home sales in March.

  • Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months.

  • Median home prices were up 3.8% over last March at $259,400. This marked the 85thconsecutive month with year-over-year price gains.