Prices Rise as the Nation’s Housing Supply Tightens

December 21, 2021 Demetria Lester

According to a new report from Redfin, the seasonally-adjusted number of homes for sale fell 18% year-over-year in November to an all-time low. This lack of the nation's housing inventory sent the median sale price up 15% to $383,100.  November marked the 16th consecutive month of double-digit price gains, and so far in December, there ...

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