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Weekly Market Update

by vegascapital-com

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This week the market continues the same trend as last week. Our total active inventory increased by 350 new properties. The number of new listings last seven days was 900 new properties were listed for sale. If this trend continues, the market could be shifting to a buyers market. This means there will more sellers than buyers, which could definitely affect the prices and the overall market. Overall, our inventory is still very low compared to March of 2019 Depending on how long the social distancing continues, and depending on the interest rate. Will affect the overall condition of our market.

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