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From boiling to just hot.

The invaluable momentum of the housing market has begun to slow down, but that means that instead of boiling, the market is just hot. For the first time this year, current home sales were lower than a year earlier – 1.5 percent lower than at the August 2020 rate. Comparisons are likely to decline year on year.

جل شلیسنجر۔

For the rest of 2021 because activity increased in the last four months of 2020.

Although the pace of activity is slowing, prices continue to rise. The average price of an existing home in August was 35 356,700, which is about 15 percent higher than a year ago. If you can believe it, this data point was seen as a positive, as the rate of annual price growth slowed to 18% in July.

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