Home sales set new records… again : vimarsana.com

Home sales set new records… again


Home sales set new records… again
Rick Bowmer/AP
FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
and last updated 2021-04-02 23:18:27-04
Fifty-nine percent of homes on the market are in contract within two weeks, setting a record, according to data released Friday by Redfin.
Home prices are also listing at record levels: $353,000.
Why?
Scarcity.
Redfin said that active listings are down 42% from this time a year ago. That has caused house prices to jump 17% in the last year.
The data from late March also showed that 47% of homes listed are in contract within a week.

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