【NAR】existing-Home Sales Ascend 7.0% in September

• Existing-home sales on a seasonally adjusted annual rate rose 7% in September from August, with all regions showing an increase.
• From one year ago, the inventory of unsold homes decreased 13% to 1.27 million – equivalent to 2.4 months of the monthly sales pace. From the prior month, inventory dipped 0.8%.
• The median existing-home sales price climbed 13.3% year-over-year to $352,800.

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