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The Mid-Cities Report provides a glimpse into real estate market trends for mid-sized US markets not commonly reported in the media.
This month prices decreased in 13 of the 20 markets, and inventory decreased in 19 of the 20 markets. The market trends indicate a further cooling of the market as we approach the fall.
Our Altos 20-City Composite National Report confirmed the loss of momentum from summer market activity earlier this month. Transaction
statistics published by S&P/Case-Shiller will show the same loss of momentum in a few months.