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Innventory is tightening and days -on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.
Suppy & Demand
Home sales have been exceeding new inventory for several weeks.While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to
keep marching upward, especially once we see a Seller’s Market.
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
Market Activity in Lowell
The Market is on the move. Contact us today at 978.265.7186 or email@example.com