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Housing inventory ends year down 17pct

Posted on 17 January 2013

The number of homes listed for sale at the end of 2012 stood at the lowest level in more than five years, a development that helps explain why home prices have rebounded so strongly over the past year.
The 1.57 million homes listed for sale at the end of December was down by 6.5% from November and by 17.3% from one year ago, according to data tracked by Realtor.com………………………………………..Full Article: Source


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