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Posts published in “Markets & Economy”

Luxury sellers: Get ready to wait

The highest-end properties that were sold last year spent an average 506 days on market, about a year and a half, according to Concierge Auctions. …

Home prices rose in February

U.S. home prices are up a modest 0.5 percent from January to February, according to the Federal Housing Finance Agency. Source: Inman News

New-home sales rose in March

New-home sales rose 4.5 percent from February to March and increased 3 percent year-over-year to a seasonally adjusted rate of 692,000. Source: Inman News

Lone Wolf is buying zipLogix

Lone Wolf Technologies is acquiring transaction management company zipLogix, the companies announced on Monday. Source: Inman News

Housing stars declined in March

Housing starts fell 0.3 percent between February and March and dropped 14.2 percent year-over-year, according to the latest data from the U.S. Census Bureau and Housing and Urban Development,…