【CNBC】Home prices are overheating again, causing buyers to turn away

• September sales of existing homes fell short of expectations. The downturn followed two months of gains.
• The number of homes for sale at the end of September was nearly 3% lower than September of last year. That makes four straight months of annual declines.
• “The opening of the lock boxes, SentriLock, is showing improvement, so there is buyer interest because of lower mortgage rates,” said Lawrence Yun, chief economist for the NAR. “But the price increases and lack of inventory are providing some pause for the actual signing of the contracts.”

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