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Home sales are the lowest they’ve been all year even though inventory is at a 7-year high

Home sales sank to the lowest level in 14 months, but the lack of demand pushed up the number of homes for sale up to nearly a 7-year high.

This article was originally published by MarketWatch and is republished here under license.

Home sales sank to the lowest level in 14 months, but the lack of demand pushed up the number of homes for sale up to nearly a 7-year high.

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