- Existing home sales in October were 1.7% higher than a year ago, though homes are staying on the market longer at an average of 34 days.
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- After making gains earlier this year, the inventory of homes for sale has fallen to a 4.4-month supply, or 1.52 million units.
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- The median sales price of a home sold in October was $415,200, or 2.1% higher than a year ago. It was the 28th consecutive month of annual gains.
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