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Home sale prices climb 8 percent in March over 2012

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Declining housing inventory and increased activity indicate that buyers may no longer have a negotiating advantage as the market becomes balanced, the president of the Greater Capital Association of Realtors said today. “The fact that the inventory of homes for sale has decreased by 15.4 percent from last year at this time; and that contracts of sale for March rose when compared to March 2012 shows us that what was once a very strong market ...


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