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Whats ahead this spring, supply is “in balance”

Whats ahead this spring, supply is “in balance”

Supply in St. Louis County has continually declined and remained relatively stable throughout 2013 with both a median and mode of four months of inventory.  Four months is generally recognized as a “stable” supply level, however teeters on the cusp of a housing shortage.  Sentiment around the industry seems to indicate that the market is poised for a busy spring which may result in increased demand and sales prices

 

 

 

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