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October 2023 U.S. Housing Market Report

Home Sellers Were Less Active in October

The inventory of homes for sale continued to grow late into the season as home sellers were less active in October, with 3% fewer newly listed homes compared to 2022. In addition, the number of unsold homes, including homes under contract, decreased by 3.7% compared to last year, while the median price of homes for sale remained stable compared to October 2022.

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