Residential Real Estate: Marketplace Stats for March 27, 2020

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Housing sales

In the three-month period that ended in February, active listings dropped significantly, down 18% from a year earlier. With home sale ticking up, that left the region with just 1.2 months of inventory, which is a measure of how long it would take to sell those homes assuming there were no new listings. But all these numbers came before the coronavirus shut down most activity, leaving the housing market’s future uncertain.•

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