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Report shows slow start to residential real estate market continues

from Lehigh Valley Business

A slow start to this year's housing sales market in the Lehigh Valley continued in February, though some agents see growth as spring approaches, which is typically more active. The Greater Lehigh Valley Realtors recently released its February data, which showed prices increased 8.2 percent to $188,250. Inventory dropped 9.2 percent to 1,053 units, leading to a month’s supply of inventory that dropped 8.7 percent to 2.1 months. more

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