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Turning Point for Housing Market? Key Drivers Shift from Supply to Demand

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Realtor.com® Key National Market Indicators for August 2013

	August 2013	Year-over-Year % Change	Month-over-Month % Change
Number of Listings	1,977,202	-2.50%	0.93%
Median Age of Inventory	92 days	-8.00%	8.24%
Median List Price	$199,900	6.39%	0.00%

National Highlights:

• Widespread Inventory Recovery – The inventory recovery is broad and growing. The net number of listings increased even though the summer season is ending. Close to one-third of the 146 markets are within 5 percent of last year’s inventory levels, and more than two-thirds (99) of markets registered a net increase in inventory over last month.

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