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April 2018

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Existing-Home Sales Rise Again in January, Inventory Down

Washington, DC, February 22, 2012 - Lawrence Yun, NAR chief economist, said strong gains in contract activity in recent months show buyers are responding to very favorable market conditions. “The uptrend in home sales is in line with all of the underlying fundamentals – pent-up household formation, record-low mortgage interest rates, bargain home prices, sustained job creation and rising rents.”

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Source: The National Association of REALTORS®