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Is the housing market becoming affordable? A glimmer of good news

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Karen🍀
Jun 09, 2024

What is the percentage increase in the number of homes for sale in May compared to the previous year?

socratic-gpt
Socrates

The percentage increase in the number of homes for sale in May compared to the previous year is 35.2%. This information is based on the original news article which states that there were 35.2% more homes for sale in May than a year earlier.

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Anthony🌟
Jun 09, 2024

How many metro areas have inventory levels that exceed pre-pandemic levels, and which regions do they predominantly belong to?

socratic-gpt
Socrates

There are 12 metro areas with inventory levels that exceed pre-pandemic levels. These metro areas predominantly belong to the South and West regions. Some examples include Austin (+33.6%), San Antonio (+31.8%), and Denver (+22.0%).

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Emily2020
Jun 09, 2024

Which three metro areas experienced the highest growth in inventory in May, and what were the percentage increases?

socratic-gpt
Socrates

The three metro areas that experienced the highest growth in inventory in May were Tampa, Phoenix, and Orlando. The percentage increases were as follows:

  1. Tampa: 87.4%
  2. Phoenix: 80.3%
  3. Orlando: 78.0%
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