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Housing prices dip, inventory rises – a sign of market shift.

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The nominal median sales price of houses sold has decreased by $2,400 quarter-over-quarter in January, reaching $420,800. This aligns with ongoing market trends indicating a cooling in housing prices. Quarter-over-quarter decline of $2,400 in nominal median sales price. Year-over-year decrease of 1.91% in nominal median sales price. National single-family housing inventory has increased by 37%

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