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Home shopping season sees signs of life as sales and listings rebound

Zillow Research said lower mortgage costs helped drive a sales jump, while new listings increased even as inventory growth remained at a three year low.

Reported · Written up by our desk · Residential

Zillow Research said its June market report shows early signs of a more active home shopping season, citing a rebound in sales and new listings.

The outlet attributed the sales improvement to lower mortgage costs, even as it noted inventory growth is hitting a three year low.

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