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Surging listings pile more downward pressure on house prices

Amid an already challenging environment for the nation’s housing market, the latest figures from Cotality suggest prospective sellers face ever greater competition to sell, even as fewer owners put their properties on the market. According to Cotality data, total listings nationally reached 145,570 in mid-October, up 19.1% from this time last year. This increase occurred The post Surging listings…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

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