Summary List Placement

As demand for houses as far exceeded housing inventory during the pandemic, the average price of a home soared a record 21% in April compared to the same time last year, according to a Friday report from Redfin, a real estate brokerage. It also found that houses spent an average of 19 days on the market — down 16 days from last year — with the average home selling for 1.4% more than asking price in the same time period.

“Right now we are seeing a substantial increase in home prices, which could be a details ⇒

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