Inventories of homes for sale have increased 10 percent year-over-year,
signaling growing seller optimism and a strong, early start to the spring home-buying season, National Housing Trend Report, which tracks 146 markets. The median list price edged up 76 percent higher in February compared to year-ago levels. The median age of inventory also rose 6.5 percent year-over-year to 114 days. “Overall, these figures indicate a continued reinforcement of steady gains and market stabilization that we've been watching since late last summer. read more
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