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January 2022 Housing Market Update

January 2022 Housing Market Update

The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006. We are experiencing a very strong seller's market in the region. Inventory of existing homes in the Asheville region was the lowest level recorded since 1999 and has been slowly declining since 2015, according to Canopy MLS, Inc, and competition remains fierce.

 

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