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News & Press: Industry News

Existing Home Sales in Western Region Drop in Second Quarter

Tuesday, August 21, 2018  
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Existing home sales dropped 4.1% in the second quarter in the western region of the United States according to the National Association of Realtors. Lawrence Yun, NAR’s Chief Economist, attributed the decline to high prices. In fact, two metropolitan markets, San Jose and San Francisco, have median prices above $1 million.

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