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REAL ESTATE UPDATES
Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets.
May 2022 brought 5.41 million in sales, a median sales price of $407,600, and 2.6 months of inventory. The median sales price is up 14.8% year-over-year, and inventory was up 0.1 months from May 2021.

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"The fundamentals driving house price growth in the U.S. remain intact. The demand for homes continues to exceed the supply of homes for sale, which is keeping house price growth high."
- Odeta Kushi, Deputy Chief Economist at First American
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