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U.S. for-sale housing inventory of 1.67M units is off 16.9% Y/Y in November, reports...

U.S. for-sale housing inventory of 1.67M units is off 16.9% Y/Y in November, reports Realtor.com, and down over 45% from the September 2007 peak. Against that positive news the median list price - considered a leading indicator of prices - is flat Y/Y despite big gains seen earlier in 2012.
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