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Shrinking Housing Supply May be Good News for Home Sellers

August 3rd, 2009 · Comments Off on Shrinking Housing Supply May be Good News for Home Sellers

The national home supply is falling, down to its lowest levels since December 2008. In June, there was 9.4 months of supply, down from a year-ago level of 11.0 months. It’s one more sign that the housing market may be mending itself. Housing supply is an important metric because home values across every U.S. market […]

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