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February 2017 Re/Max Housing News Report:
In the 53 metro areas surveyed, total sales were up 4.5 percent over January 2016, which was previously the January with the most sales. The median sales price of $208,500 was up 4.3 percent and marked the 10th consecutive month of year-over-year price increases. The new January low of 66 days on market underscores the fact that inventory has declined year-over-year for 99 consecutive months dating back to October 2008.
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