Traditionally, with the approach of Thanksgiving, the housing market slows as both buyers and sellers reflect on the holidays. However, observing a longer data history, this is by far the biggest seasonal slowdown seen in many years.

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High sales prices and an inadequate supply of available housing continued to characterize Northeast Florida’s booming housing market as summer came to an end. Although new listings increased slightly in August from a year ago, prices continued at historically high …

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