Inventory Drops to Record Lows

April 14, 2017 Seth Welborn

According to a new report, homes are selling faster, at higher prices, and in higher volumes—all thanks to a tight inventory and ever-rising demand. Prices jumped the most in Manchester, New Hampshire, while sales saw the biggest increase in Richmond, Virginia. Months of supply dipped below three months for the first time in the report’s nine-year history.

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