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You are here: Home / Real Estate / Home sales decline despite strong demand

Home sales decline despite strong demand

July 2, 2018 By Geoffrey Disch Leave a Comment

Despite strong buyer demand, strongly reflected in increased price growth and faster sales, pending home sales fell for the fifth consecutive month in May. Analysts agreed that a lack of inventory was primarily responsible throughout the entire country.

On the positive side, experts pointed to the strong economy and healthy job market as prime indicators going forward.

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Filed Under: Real Estate Tagged With: home sales, low inventory

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