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Expected home sales bounce back 4.6 percent in January



Home buyers are returning to the market, possibly because of lower interest rates on mortgages.

% annually. Sales in the West increased by 0.3% monthly and dropped by 10.1% year-on-year. is now Some of them now report higher demand, due to lower rates, but there is still a lot of indecisiveness in the market as a whole.

where the market is about to land, "said Glenn Kelman, Redfin CEO at the CNBC Power Lunch interview. "This is a bit better than it was in the fourth quarter, we see a stronger demand for buyers, but it's not like people would be willing to pay any price to get a house that we saw in the beginning of 2018 and over the past four years before this. "


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