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Low Inventory Causes Home Prices to Accelerate

February 25, 2016 10:15 am

Low Inventory Causes Home Prices to Accelerate | Simplifying The MarketThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price report earlier this month. The report revealed that home prices are not only continuing to rise but that the increases are accelerating. Lawrence Yun, Chief Economist at NAR, discussed the impact of low inventory on buyers in the report: