For-sale inventory, days on market higher in June
Altos-Real IQ report tracks 26 markets
By Inman News, Wednesday, July 9, 2008.Bookmarking Sites
Listings inventories increased in 17 of 26 markets tracked by Altos Research & Real IQ during June, while average days on market was up in 19 of 26 markets, the companies said.
Los Angeles and San Diego saw the largest jumps in inventory -- 8.7 percent and 6.1 percent, respectively -- and Miami had the slowest rate of turnover with an average of 154 days on market.
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