Good news! The months of inventory (homes for sale) went up to 1.1 months. Hopefully, the increase in new listings means that we are getting out of the less-than-one-month territory. I guess sellers got the news that it's a good time to sell. Heading into the winter, we typically see listings fall (see page 3 for a graph of listings over the seasons), but if we have learned anything in the last 18 months–there is a new normal. Stay tuned!
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